Hi QC, I found this through an article about the other company and Maglan Capital last summer. Like this play even though I was a little early, in at .60 and added a little around .30. Waiting now till the oil glut actually happens to add some more , thinking the middle of Q2.
As pointed out in these posts an oil glut doesn't matter to MDLNF being that they have a set price they're being paid per bbl. However they will be taken down with the sector, as shown in the past few months.
This is a nice play, imo, a debt free small company with potentially rising revenue. The oil majors on the land next to them can move this pps north by hitting big. Glad you're here as well, thinking longer term here, GL.
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