OTCPK:MAUXF - Post by User
Post by
gibbonsjon May 06, 2015 8:51pm
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Post# 23702295
Gunmen kill nine,attack pipeline in Nigeria's oil-rich delta
Gunmen kill nine,attack pipeline in Nigeria's oil-rich deltaTo say you've done your dd and know the risk means you have dug deep into Nigerian news. Typically its not a good idea to fill in the blanks with optimistic thinking. This is an example of how the news is unearthed one piece at a time when it comes to this Company. This article came out the same day Umugini went down to which MMT reported 20 days later that it was still down. The way MMT presented it one would think it was a minor irritant but the line had been down for twenty days as of the 24 of the month, nine were killed in a seperate but related incident and there has been no announcement since that it has been restored. Maybe it just slipped their minds or it was considered immaterial. Who does it serve not to provide an update some 30 days later?
MMMT reported: "The Umugini pipeline has been down since April 4, 2015 due to an explosion and spill that shut down the Trans Forcados pipeline."
https://news.yahoo.com/gunmen-kill-nine-nigerias-oil-rich-delta-state-182324603.html