Mart Resources Inc

MMT-T

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0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about MMT-T

Signal
Opinion
Expert
BUY
BUY
May 31, 2012
It was a top pick in Dec/Jan and has had a nice move from then. Cash flows and quarter were good and he thinks they will pay a dividend soon, although he is not sure. It is in Nigeria so that is why it doesn’t get the multiple it deserves.
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It was a top pick in Dec/Jan and has had a nice move from then. Cash flows and quarter were good and he thinks they will pay a dividend soon, although he is not sure. It is in Nigeria so that is why it doesn’t get the multiple it deserves.
TOP PICK
TOP PICK
December 29, 2011
Oil/gas producer in Nigeria and producing about 5000 BOE's and their net backs are between $40 and $45. Earned $20 million in Q3. Expect they will be ramping up their production. Just announced that the pipeline is going to be expanded so will be able to produce more so expects that in Q1 and Q2 production will increase quite a bit. Extremely cheap. Now analysts are following this. Expecting a special dividend followed by regular dividend next year.
Show full opinionHide full opinion
Mart Resources Inc (MMT-T)
December 29, 2011
Oil/gas producer in Nigeria and producing about 5000 BOE's and their net backs are between $40 and $45. Earned $20 million in Q3. Expect they will be ramping up their production. Just announced that the pipeline is going to be expanded so will be able to produce more so expects that in Q1 and Q2 production will increase quite a bit. Extremely cheap. Now analysts are following this. Expecting a special dividend followed by regular dividend next year.
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