OTCexGroup Blog

Being currently valued on its current production, Maurel appears at first sight to be a very attractive stock; however, caution needs to be exercised because exploration failure has occurred in the past. Also, we note that attractively priced paper is available currently in the secondary market and being exposed to such a small issue requires good visibility on Maurel’s future earnings – something which is not there, in our view.

Maurel & Prom new issue