MRS Oil Nigeria Plc presented its Q3 earnings forecast for the period ended September 30^th, 2012 to the market today.
 

Proshare has reviewed the forecast against its believability index, relying on previous performances against forecast; to confirm the following:
 

That MRS Oil Nigeria Plc has a -54% chance of achieving or exceeding its PAT      forecast and a -27% chance of delivering on its Turnover projections for the period in view. 
 

This weights fall within the 'most believable' forecast range for quoted companies in the sector.   

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