OTCPK:MAUXF - Post by User
Comment by
mjh9413on Jan 22, 2016 2:48pm
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Post# 24485120
RE:subject to a financing condition, yike
RE:subject to a financing condition, yikeGo to the San Leon website. Much more info there than the MMT Board gave in NR (what does one expect!!!). They say they have $100MM out of the $180MM, but that means nothing in terms of all these proposed deals we have seen for MMT.
I still don't get why they had that 50% caapex limit imposed EXCEPT to squeeze MMT into Midwestern's arms. And why did wwe not have better idea of those OML 18 hedges..it is a large part of MMT's debt. Disgusting all round.