- Our recent assessment was too pessimistic.
- Since then, production and prices are recovering and the company has become cash flow positive.
- We believe the company has a window to produce a virtuous cycle where cash flow from productive resources can fund much of the development of its promising unconventional resources.
- It’s the only small company exposed to Argentina’s vast shale resources.
Madalena Energy Has A Window To Create A Virtuous Cycle
November 21st, 2017 · No Comments