Post by
hangemhigh4 on Oct 12, 2012 10:39pm
My question still is.....
Will this oil pillfering stop with a new pipeline? If so how? Dont these theives always find a way? If it was stopped it would greatly increase revenues for Mart. imo
Comment by
grandpama4 on Oct 12, 2012 11:30pm
I am leaing tomorrow but my last coment for now is stop worrying about oil losses ,it a fixed cost like overhead when doing business in Nigeria. Look AT YOUR MARGINS AFTER LOSSES AND BE SATISFIED BY YOUR RETURNS
Comment by
Public_Heel on Oct 13, 2012 8:19am
Trouble is, it is NOT a fixed cost. Everyone - including Mart - thought that it was bad at 10%. Now, it's 13.5%, and it was 16% for the 2nd Quarter.