OTCPK:PDPYF - Post by User
Comment by
ngtraderngon Jun 05, 2019 6:11am
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Post# 29799285
RE:RE:RE:The market sure hates Pony
RE:RE:RE:The market sure hates PonyBased on their balance sheet their book value is $6/share. However, the potential value of their proved reserves and unproved reserves is billions. From their annual report:
Proved Developed Producing reserve value at 10% discount rate is $1.1 billion
Proved Undeveloped reserve value at 10% discount rate is another $1.2 billion