And now compare TMY valuation with NWOG: they are losing money (net loss of $54.3 million, or $0.58 per share), produce less than NWOG, although proven reserves are ~ 1.6 times higher: http://biz.yahoo.com/pz/070314/115528.html But this is AMEX company, so P/S = 11.2 (ours is less than 1). If NWOG had at least TMY's market cap it would have PPS = $0.42 http://finance.yahoo.com/q/ks?s=TMY .
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