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Mart Resources Inc T.MMT

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  MAUXF

Mart Resources Inc is an oil & gas exploration and development company.
Price: $1.12 | Change: $-0.01 | %Change: -0.88%
Volume: 226,420 | Day High/Low: 1.13/1.07 | 52 Week High/Low: 1.80/0.86
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0 stars

RE:Cash Flow

How about 10?   Cash machine.  rate and reply
0 stars

Cash Flow

You have to keep in mind it is Nigeria. So a 15 multiple is not going to happen but say 5 or 7 good luck all.  rate and reply
0 stars

Cash Flow

30000 barrels a day at 35 dollar profit is a million a day net 365 million a year or 1$ a share so do a multiple of your choice to come up with a stock price.  rate and reply
0 stars

Mart Long term .

I did read once that Wades goal was to grow Mart into a large company with a large net worth and sell it to the highest bidder. We will see. imo  rate and reply
5 stars

RE:Read Yaughtbeaver on Investor Village.

Wade also mentioned at the AGM that when the next round of MARGINAL FIELDS come around probably after the ELECTIONS next year that MART knows which ones to GO AFTER. [ WINK - WINK ] WADE also more
0 stars

Read Yaughtbeaver on Investor Village.

Great post. Thanks Yaughtbeaver. glta.  rate and reply
4 stars

Some complaining about pipeline.

Some here arnt happy that things take so long. Thats Mart and thats Nigeria. Always been that way. Thing is things in the end do get done. Judge the company after oil is flowing for a few months. more
5 stars

top 5 O & G plays from noted investment letter

been writing saadvisory . com for 30 years. 1. t.mmt-- this company is going get massive production increases for new pipeline and huge amount of oil behind the pump. @ $1.00US (mauxf) you have more
4 stars


GOLDIE It was 134 million  rate and reply
0 stars

"OML 18 has reserves of 1.5 billion boe, although most of...

this is gas..."  Txs for posting that. It is in other reports too. eom  rate and reply
2 stars


Then the $13million Mart paid for the 10% makes no sense  rate and reply
3.5 stars


Macluver calculation is how I see it as well.  rate and reply
3.5 stars


Again not quite. The whole consortium has 45% of OML18 with Mart telling us that their ownership percentage in the consortium gives them an indirect ownership of 10% of OML18. This leaves 35% (45 - more
5 stars

The Saudis cut production...

Saudis cut production I guess they figured out China was getting their oil on the more
3.5 stars


How I came up with that number is, if Mart and its consortium bought 45% of OML-18, and Mart will own 10% of the total Block, you divide 10% total flied ownership by 45% Mart consortium =.222222 or more
5 stars

RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

How do you come up with 22.22% of the Consortium? I agree with 10% for the entire OML18 btw.  rate and reply
5 stars

RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

That is what I came up with too.  rate and reply
4.5 stars

Amin + Chen

The Energy Report Amin Haque, Industrial Alliance Securities (10/16/14) "While Mart Resources Inc.'s production downtime and pipeline losses in September were not out of line compared to more
3 stars

RE:Not sure if this has been posted.

* Shell (30 pct), Total (10 pct), Eni (5 pct) selling stakes * Bids due from shortlisted suitors on Feb. 18 * Blocks produced avg 90,000 bpd of oil in 2012 - document * Glencore, Mercuria more
1.5 stars

Not sure if this has been posted.

Found this article. It does not mention Mart, but has some relevant background relating to OML 18. more

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