OTCPK:MAUXF - Post by User
Comment by
bxjuon May 02, 2015 1:20pm
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Post# 23688242
RE:RE:RE:financing secured
RE:RE:RE:financing securedI agree with those that think we will know the financing is secured in 2 weeks and maybe sooner.
I do not see why the deal will not go through. In the conference call, they said (all in) breakeven costs for MMT were $35-$40 a barrel.. If MW cuts out the middleman (MMT), how much lower will their breakeven costs be? I would think at current oil prices that MW would net close to 50% per barrel?
This should be a cash cow for MW, and the people involved with MW have been able to big raise $ in the past, and the projects they have raised $ for seem to be doing quite well.
just my <.02