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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > My question still is.....
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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 BlindBat_1 on Oct 12, 2012 11:05pm
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 =====================   This has been asked and adressed so may times it's not even funny !   Lets talk numbers if that's the issue.....so you get ~ $3 millions worth of OIl stolen from you per quarter ...more  
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.
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