SHE 0.00% 0.7¢ stonehorse energy limited

Stonehorse energy annual report and fundamentals have to be some...

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    Stonehorse energy annual report and fundamentals have to be some of the easiest to interpret:

    Estimates accumulated up to today.
    Cash today Excluding loans made to Proton, BRK Shares and other assets is 11,938,137 which is 125% of market cap !.

    SHE Income streams now has sizable income streams bank interest and loans.
    Cash in bank interest APR of 6.5% is +775,979
    Proton Energy single loan of 418AUD interest is +167,240
    Exchange Rate USD/AUD : + some percent over recent year.
    Oil and Gas production : 4 to 5 million.

    This could be getting on toward 6 million with a market cap of 9.6 million.

    Profit after corporate overheads maybe well be 4 million thanks to interest payments, leading to over a 40% return whilst the with 125% backing of market cap.

    Sit back and watch the money accumulate.
    Disappointed CEO did not promote SHE at any presentations like he did in Brisbane last year.
    Obviously SHE does not need to raise any more cash.







 
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