Mira Resources Corp V.MRP

More Mart + Mira arguments

[Bejeezus]

Mart's share of profit per gross bbl: $15+......after tax holiday
Miras share of Profit per gross bbl once producing  $70+......

Like I said many times Its only makes Business Sense Mart Picks up Mira

Looks like Nigerias Delaying the Marginal bidding round AGAIN
time keeps on ticking on Mart......


Yup I stay here

[Bejeezus]

If they then are able to start up a new marginal field they in theory can overinvest in the new field, avoid tax on UMU because of Capex spend and kickstart the new marginal field in a hurry to fully benefit from the tax holiday.   Does someone know for a fact we'll get another tax holiday on a new marginal field? Good to realise if that's the case it's fundamentally different

[Bejeezus]

Love it that people are starting to clue in ...lol kickstart the new marginal field in a hurry to fully benefit from the tax holiday. Maybe this is where that 24 millions headed

[Bejeezus]

Tse tso ... Did JM give you a date when he would put Mira back up for sale?

[TeTsuo36]

No, but if i remember rightly i think the same outfit as before were noted, so it might not be that quick a job. We do though in the meantime need some working capital, we have to clear these defaults with our partners, how are we keeping this aflot we had no cash at the last financial etc...  Who knows what is happening behind the scenes, maybe a lot or maybe sweet FA

[Bejeezus]

If they are selling or merging any monies needed can be worked into a deal... So I disagree they need money ..... They really need nothing but a deal...... Plan b probably been in the works for awhile so we will see.... Nothing would surprise me considering what has transpired ...... But this will see production especially when oil might never see the nineties again Oil takes More & More

[Bejeezus]

Like I told bobby the deals been in the works and probably would have been done if it wasn't for either greed or a pipeline disruption..... So wel'll see But I think we will see things move a bit quicker this time around  also watch for Anon too sell off Mart on high volume like it has ...a a sign....it's started 2 days ago like I told bob it would... But you probably read them

[TeTsuo36]

Either way I won't be hussled out of this, it doesn't take a large amount of capital to reduce your average at 3c and I am in agreement with you that this will be developed or sold someway, somehow. We do though have a current risk/issue with liquidity here, so something, even loose change sooner rather than later would be preferred by me to take the pressure off a little

[Bejeezus]

Oh yes the pressure ..... Well when millions are at stake and there money to be made u can guarantee pressure  we should see a cancellation of the pp IMO and telling everyone about plan b sale but look what we've had so far...Septembers when money starts flowing back to the markets. So maybe that's what    mores waiting on