0.5c per share dividend, page-85

Form a group toBuy out SHE completely.

Benefits of a group of us buying out Stonehorse Energy completely.

If we did this plan then could expect to recoup 70% of our money after completion when 1st dividend is issued.
After one year we could recoup the remaining 30% and have a 47% annual return on our initial investment for the next few years.
Assume we call ourselves 'Group'

	Estimated cash reserves	11,112,603
1	Group sell BRK shares	787,500
2	Total cash after selling BRK	11,900,103
3	Group buy SHE for 10.3 million	10,266,526
4	Group gets Cash back (70% of purchase price)	7,186,568
5	Group net payment for SHE	3,079,958
6	Cash left in company after cash back (operating cash)	4,713,534
7	Group delists company,cuts corporate overhead
8	Revenue per year	4,860,000
9	De list,Cuts corporate overhead +other
10	Net gain from continuing current operations	3,600,000
11	After one year pays dividends	2,155,971
12	dividends frankedup	3,079,958
13	Group recoups 100% of cost of buy out of SHE
14	Money left in SHE after 1 year	6,202,564
15	Annual income per year	4,860,000
16	Annual income per year as % of buyout	47%

To Recap if we could buy SHE outright then the benefits would be a 70% recoup of cost after purchase, A year later we would get the remaining 30% with cash left in the company and a 47% of initial cost returned annual for a few years.

It would have to be a 100% buy out or nothing.