SHE 0.00% 0.8¢ stonehorse energy limited

Gryphon and Certus Gross profit over last 6 months that has not been reported as debt, page-158

  1. 2,278 Posts.
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    The order queue buy relative to sell is pretty shocking,

    Maybe David should make some announcements to restore confidence in his leadership.

    SHE is making money but the price is not even remotely reflecting that.

    If people look at the financials of the announcement only, she has gone from making 10k/year to 8 million a year to what appears now under 1 million that coupled with a large expenditure on wells will trigger concern if you only looked at numbers.

    The recent fall must be due to delays in payment from Pinecliff, i.e. not continuous or smooth but lumpy due to the SHE being so small, then any expenses on well would be significant as would be any revenue from them.

    Also their are wildfires in Alberata and news headlines saying wildfiires threaten oil production.
    Although the fires are not near SHE wells as far as i cant tell.
    The market fell with fear of covid only to bounce back to an all time high, its fear driving the price down.


    If its any consolation, i have had companies in the past that have done this and then suddenly a rapid turn around reaching new highs. This is what i look for, a bit like a vulture really.


    Has any one messaged DD on the hub ,or any of the other board members.








 
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