Value Microcaps Motherboard

[cartonet]

Lentinman:Ok. Got it. Here´s why I think TETY.ST IS a value stock:

Current Mkt Cap 9.2 M Sek
Cash: 7 M Sek
No debt
So for an EV of 2.2 M Sek you get 3 lottery tickets on exploration plays in:

Denmark http://www.tethysoil.com/eng/2_1_verkDanmark.php?page=2
Spain: http://www.tethysoil.com/eng/2_2_verkSpanien.php?page=2
Turkey: http://www.tethysoil.com/eng/2_3_verkTurkiet.php?page=2

Financials available on website: http://www.tethysoil.com/eng/5_1_presRapporter.php?page=5


Does it pass the smell test?