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Thursday, February 21, 2013 8:53:17 PM
2,122bbl x $93bbl $197,346 x .107 Net Profit Margin(NPM) NPM & P/E taken from here = 21116.02 Net Profit
660,312MCF x $3.35 per/MCF = $2,212,045 x .107 NPM = 236,688.84
236,689 + 21,116 = $257,805 / 850,000,000(maxed OS) = .0003 EPS x 12.8 P/E ratio for a .0039 Per Share Valuation (currently Undervalued! IMO
Thats with our current Oil development and just 1 of the potential Acquisitions... (also based off LAST YEARS Productions rates & Maxed O/S)
EST Float valuation:
257,805 / 500,000,000 est. Float = .0005 x 12.8 = .0066 Share Valuation
Currently undervalued IMO
$$$ Severly Addicted to Mad Money $$$
Note: I can not make decisions for you, buy or sell I can only show you why I feel comfortable with my decisions.
It is not always what we know or analyzed before we make a decision that makes it a grea
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