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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > pistolpete96, all eyes on the pileline and the good it will
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Post by gibbonsj on Jul 18, 2014 4:54pm

pistolpete96, all eyes on the pileline and the good it will

bring to shareholders. Don't disagree with what you say but we're now way past the Shell June 30th cut off date for proving financing, not a peep concerning the London listing, not a word about OML 18. The common thread appears to be waiting on the pipleline.  What's the connection between the pipleline and the London listing? What's the connection between OML 18 and the pipeline?  What is Wade waiting for and whay is Shell not pullling the plug?
Comment by rrcool53 on Jul 18, 2014 5:58pm
Personally, I hope OML 18 falls through ... we get our deposit back ... we start pumping/selling oil through the new pipeline before September ... divy goes back to $0.05/qtr for October ... divy gets raised to $0.10 next July ... I retire and live happily ever after. In May, 2014, I was about 10 feet from handing in my retirement notice because I knew that I could live on my company pension and ...more  
Comment by eusdond on Jul 21, 2014 7:30am
ditto your comments on Wade and group___ Instead of taking on more risk, why not try to maximize profits on what they already have rather than risk more than they (We) can afford to lose on another venture... If they can get the new pipline up and running and keep it that way, We should be able to realize a larger dividend that is manageable... Nigeria is far, far too risky to get spread thin in ...more  
Comment by vestor111 on Jul 21, 2014 9:46am
The more you pump, the short the life of the lease.   What would be the life of the company if they pursued this course?     Another 5 years?  8?   10?   
Comment by rrcool53 on Aug 22, 2015 2:44pm
What a difference a year makes!!
Comment by rrcool53 on Aug 22, 2015 2:50pm
Forgot the quote: Personally, I hope OML 18 falls through ... we get our deposit back ... we start pumping/selling oil through the new pipeline before September ... divy goes back to $0.05/qtr for October ... divy gets raised to $0.10 next July ... I retire and live happily ever after. In May, 2014, I was about 10 feet from handing in my retirement notice because I knew that I could live on my ...more