1) Another month of profit since last posting of estimate current assets.
Table for Cash+Recent income + BRK etc shares AUD$ Per Share AUD$ 1 Today's date 5/04/2024 2 SHE Share price (1) 0.012 3 NumberStonehorse energy shares (2) 684,435,083 4 Market Cap (3)=(1)*(2) 8,213,221 0.012 5 Cash in bankon31/12/2024(4) 5,423,000 6 Caroline EBIT Oct to March Inclusive not shown in accounts 1,856,824 7 Gryphon EBIT January+ March Inclusive not shown in accounts 234,870 8 BRK + DMG Shares $ on market value (9) 637,173 9 Proton KP 5 loan Principle +interest for this qtr (11) 462,086 10 Cash in bank+monies owed+BRK Shares+Caroline+Gryphon 8,613,954 11 Enterprise value -400,733 12 Cash expended on new wells for 2024 ???
Enterprise Value is Negative,
Caroline(Pinecliff) well has at least 10 years of production in already having produced near enough 2 million in Profit( Not revenue) !
Hopefully Mr Deloub and the 3 Canadian will bring be working hard to bring on more wells with Pine cliff this year.
1) 6 month Oil Oil positive 6 month trend past 87 USD or 132 AUD per barrel today
3) Stonehorse energy Ltd have the rights to explore for Nickel Minerals on the Tenements M24/096 that again has been mentioned.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://hotcopper.com.au/documentdownload%3Fid%3DuOMxKKzFkiWRTLKhOROKAxjvTDYL4Q69yxbwv%252Fh78rFiGug%253D&ved=2ahUKEwjw_eKk9qmFAxWJma8BHUTaDGkQFnoECA8QAQ&usg=AOvVaw3zwKJ18kmmHSk-y6UdF92a
Their might be some material value to those rights.
4) 3 weeks and 2 days till next quarterly with expectation of large Revenue increase, and
5) Impatient selling off stone horse today,
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