SHE 0.00% 0.9¢ stonehorse energy limited

0.5c per share dividend, page-107

  1. 2,073 Posts.
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    The Jewell well working interest I think remains for another 5 to 6 years, I think the Jewell well paid out pretty quickly.

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    Obviously the output would have slowed down, probably decaying exponentially.. but consequently maybe most of the falloff from its initial rate has already occurred.

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    SHE I believe may have more cash reserves than current market cap (assuming they haven’t lent some of it out at a APR of 40% or invested/spent it) , in addition it may have been indicated to have around $787,000 in BRK shares that could be sold.

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    SHE may have indicated they have several others wells in addition to Jewell and current plan to re-stimulate MyCreek2 well later this year.

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    They may have or maybe in the process of lending some of their cash reserves for agreed return of 30% +principle in less than a year, according to SHE CEO ..this equates to a annualized return of around 40% on loan according the announcements.

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    They may have been exploring high impact well in Louisiana and Texas,which if successful maybe be far more profitable than the previous wells(including Jewell).

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    They may have had tremendous growth over the last 1.5 to 2 years, i think profits may have grown by 2000% and revenue by 1900%, of course this rate of growth is not going to be sustained this year.
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    Don’t know what other surprises their are in store this year.

    .

    These are my personal opinions, do not take this as financial advice..but as words from an amateur, do your own research as heir is a realistic chance these paragraphs are completely wrong.

    Last edited by Value4983843: 30/05/23
 
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