SHE 0.00% 0.9¢ stonehorse energy limited

Ann: Canadian Operations Update, page-10

  1. 918 Posts.
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    Wow this is a great update. I think payout is under 12 months, plus we have another stronger well coming online in a couple of weeks. It looks like we could have another re-rate soon, but given the market doesn't like to attribute much value to SHE, it may take some time. We'll also be spending a bit on the Australian well next month, so cash balance is likely to stay under $10m for a couple of quarters. But the flow rates are much stronger this time around.
 
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