Mart Resources Inc MAUXF

How on earth

[Bejeezus]

Did XLSamsung figure that OML 18 was offshore???? knowing full well for months that Shell is selling onshore assets... you would think any long term investor would know where any future acquisition is....I still wonder how Mart or more importantly the Funds thinks Mart can compete with bidders with billions of $$$

[Bejeezus]

Marts going to have to go after lower hanging Fruit..... no way will they get OML anything after that conference call.

[Bejeezus]

I think its becoming Clear Offshore is the only option For Mart....It was a real eye opener how many hundreds of Kilometres of Pipeline there is and how impossible it would be to monitor. Just inheriting another company's headache at inflated superheated prices due to patronage.

[gibbonsj]

I know what you mean, it was not inspiring but there is really not much new news they can add without first putting out the required NR's. I was more interested in how many majors were asking questions. I counted 4 which is not very good.  Appears we’ve lost the interest of the players who can move and hold sp. That 14% divi and the money we borrow because of it likely has something

[Bejeezus]

Agreed They will need the acquisition and the terms PR'd before this goes anywhere. Everyone assumes some Dilution and a Financing will be needed...so until then its a guessing game but Dimtri was clear this acquisition was what the shareholders have been asking for....and if you remember I had spoke too Dimitri months' ago and we both agreed an offshore Field would be the best way forward

[Bejeezus]

The RBC Analyst was trying to get a handle on how much Money Wade was going top be looking for in the financing, Wade wouldn't bite ....the analyst chuckled, even he knew it was a rhetorical question ...but he asked anyway

[Bejeezus]

XLjdsamompson I guess if you heard through your grapevine that Mart is buying or buying into an offshore field then judging by your guess/hope during the CC that it was OML 18 is dashed right !!??....that's the only reason I can see for such a uniformed question...I'm still gobsmacked by that question...