Mart Resources Inc MAUXF

Operational Update - status please!

[SUEME]

What happened to the monthly operational update? This usually comes in the middle of the month.  Yes, we know that financials are due by the end of the month, however, not a reason to deviate.  Investors will assume the worst, rather than the positive.  

That is why the share price has stalled and people are getting restless!

[dr_airtime]

Sueme - we have seen the operational update included in the quarterly results before so I wouldn't worry. Tonight or tomorrow morning. EPS should be $.07-$.09 assuming Mart is entitled to 60% of Umu production. Note that there is no way we will be near record Q1 earnings of $.11 as we got 82.5% of Umu oil production in Q1 due to cost recovery on the very expensive Umu-8 well, which was likely

[TommBomb]

share price has stalled in my opinion because of some healthy consolidation is happening. The pas few months have been very good investors, its nice to see a bit of a consolidation happening as things wont get to frothy. Im anxious about some news too, but i think the share price is holding up very well.

[TommBomb]

if your correct in  your eps, how do you think the share price will react?

[dr_airtime]

The market will answer that question for you.

[themangokid]

if we annualize 8 cents a share we get 32 cents for the year.  32 cents on a 1.70 stock gives you a price to earnings ratio of 5.31.  very inexpensive.  perhaps even insanely so.   earnings of 32 cents a share easily covers the 20 cent a year dividend.  dividends sustained by actual earnings than by simply cashflow.  so beautiful.   I get the feeling though the

[Sugoioi]

What are you expecting for funds flow?

[TommBomb]

the only issue i can see with mart is the instability, theft and conflict in the area... but the upside is there.