OTCPK:MAUXF - Post by User
Post by
hereandthereon Mar 06, 2015 10:14am
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Post# 23497029
Lots still to play for
Lots still to play for1/. I think they will be able to re-negotiate those debts without too much trouble. They have been a good payer and clearly are producing more reenue than before. Any uptick in oil price and they will be making a fortune. The new asset is more complicated because of the time it is takingfor the deal to go through and get a share of the revenue to help start paying down the debt.
2/. I read several reports re. the new pipeline being down in January yet they still managed decent production averages. I have read NO reports re. pipeline down time in February so hopefully production levels will be greatly improved in next report.
3/. I can't see mid western failing to raise the money for the buy out. A gift at these prices