Table for Cash+Recent income + BRK etc shares AUD$ Per Share AUD$ 1 SHE Share price (1) 0.015 2 NumberStonehorse energy shares (2) 684,435,083 3 SHE Market Cap (3)=(1)*(2) 10,266,526 0.015 4 SHE Cash in bank $ on30/6/2023(4) 10,710,865 5 SHE Profit before tax , last 3 months (5) 340,395 6 SHE Estimated Income 3 1/6/2023 topost(today) (6) 410,339 7 SHE Estimated cash in bank (7)= (6)+(4) 11,121,204 0.0162 8 BRK + DMG Shares $ value @01.1c & 0.09c (8) 503,070 9 investmentin Wapiti well AUD$l (9) -1,573,200 10 Liquid assets (Cash+BRK-gryphone investment) (10) 10,051,074 0.0147 11 Proton KP 5 loan Principle +interest for this qtr (11) 462,086 12 assets(Cash+BRK+Proton)Exl Wells (12)=(11)+(10) 10,513,161 0.0154 13 Enterprise Value( lower the better)=(3)- (7) -246,634
WTI oil passed $89 USD today and is rising.
Certus O&G well fully paid for and successfully drilled, soon to know production and then potential sales.
Loan made to proton with a 40% APR should be paying interest plus principle still owed to SHE.
Carrying tax losses forward so can offsetcurrent / future tax's,
SHE has cash
Gryphon well about to be spudded., Light oil well should give a ROI 50% higher than Certus well.
Even subtracting the cost the Gryphon well from SHE current cash holdings still leaves Stonehorse energy with more liquid assets than its market cap. (see table above).
Oil is showing a strong demand up, with winter approaching in northern hemisphere, Russia pipeline amongst others not supplying O&G to Europe, potential sanctions against Iran and Strategic petroleum reserve multi decade record low.
Can Stonehorse production time its initial O&G production to coincide with high O&G prices in the Macro O&G climates as they did with the Juwel well !.
- Forums
- ASX - By Stock
- SHE
- Ann: Canadian Operations Update - Expect Production to Sales- Oct
Ann: Canadian Operations Update - Expect Production to Sales- Oct, page-40
-
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHE (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1363120 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1363120 | 0.008 |
5 | 5300824 | 0.007 |
2 | 340009 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 100000 | 1 |
0.011 | 522176 | 2 |
0.013 | 100000 | 1 |
0.014 | 850000 | 1 |
0.015 | 265688 | 2 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
Featured News
SHE (ASX) Chart |
Day chart unavailable