0.5c per share dividend, page-58

How Does SHE "Stonehorse Energy" compare to BRK in terms of investment value.

If we consider the market cap to be compromised of two components Cash and Enterprise value then:

PBTN /EV is a measure of how profitable that component(i.e. Enterprise value) of the capital invested by an investor in SHE at current share price is.

The other component of the market cap (i.e. cash) in SHE that could at this time be returned to investors.

If that were to happen then PBTN/EV would be confirmed as the return on investment (note i am not advocating SHE does this)

OR
the cash could be put to work by SHE for expected similar return to the EV component.(Which i am advocating they do)

With this perspective we can them compare SHE and BRK as in table below:

	Market cap	65,000,000	14,370,000
1	Cash +Equivalents on 2023/3/29	34,006,800	11,943,919
2	EV( Enterprise value=MarketCap-Cash)	30,993,200	2,426,081
3	PBTN (Profit before Tax Normalised)	15,100,000	5,166,810
4	PBTN/EV	0.49	2.13

BRK is exceptional at .49 (49%) but SHE is 2.13, more than 4 times that or 4.13 (2.13/.49) or in percentage terms 413%.

It is a measure of how successful the company can grow relative to investors investment it deployed (EV).

For SHE to be similar in this metric perspective to BRK it would have to have a share price 413% of of its current 2.0c.

Note that 413% is in agreement to 462%( the mean of hot copper poster estimates in the first table of post 67376640 above )

to within 10%. I do not believe this is a confidence.
.
SHE problem is that has accumulated cash so fast that it still currently exploring how to invest it to give a similar unreasonable rate of return as SHE has historically done.

I believe SHE is currently doing this now(as indicated by hiring Mike McFadyen) and when unreasonable profitable opportunities are identified then ...we should see further explosive growth.