Post by
framloeg on Nov 30, 2013 11:45am
Divy
So, as reported yesterday, the Marginal Field process is about to begin. That would mean mart will either need Capital or possibly List on TSX were they can raise capital, or just raise funding through banks. Either way, they need to keep their valuation elevated and main way to do this is divy, so any talk of this being stopped seems unrealistic. As well, London Listing in 2014 would also require a high sp as to not dilute too much. One point from CC that has not been discussed yet, is Wade's mention of possibly building a refinery? By what I gather here on the board, Wade does like to talk things up, but why isn't this possibility or dream being talked about(is it that ridiculous that it does not warrant comment). Thanks for any thoughts on matter. As a fairly new investor here, it looks like 2014 could be a game changer and MMT can really soar to AOI levels if things fall intop place(and they actually produce and ship oil)!!! GLTA FG
Comment by
stockpeeker on Dec 02, 2013 1:04pm
As for the talk about participation in refinery, I think this hints Mart-Midwestern merger, as Midwestern did actually make some investment in a refinery about 2-3 months ago, as I recall. I haven't googled it, but my mind is sorta googly!