PMDP target $.006, read balamida's DD...
($.006 )PMDP valuation per Yesterday PR
from yesterday PR :" Therefore, each well can produce an income stream of around $1,560 per month. The additional revenue total comes out to approximately $36,000 per month or $900,000 per year"
we are talking almost one million dollar of Income per year !!!
the EPS is 1 million $ Income / OS 3.38 B =0.0003 per share
and if we use a P/E ratio of 20 that should give PMDP a
price of $.006 per share !!!!
PMDP is very undervalued here !!!
a share price appreciation is expected anytime now
PMDP chart is still inplay after this week profit taking
from 0.0011