SHE 0.00% 0.8¢ stonehorse energy limited

(below is from the recent announcement, and is my guesstimate :)...

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  1. 142 Posts.
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    (below is from the recent announcement, and is my guesstimate )

    9million at 250k boe is $36 a piece(give or take),
    (the dollar value per boe will change soon as well but ill stick to the numbers I can see now)

    from the chart the next 2-3 years looks to be around 10k-20k BOE a month, at the average price of $36 per BOE
    ($360,000/10k boe @ $36 after the already pulled 250k BOE per month)

    so on top of the already acquired $9mill, at EOFY, id say we would have pulled out about $12-13 Million dollars worth of oil, (at 15k BOE till EOFY)

    with a MC under the cash generation that will likely be produced,
    id happily bet the share would rest around 5c sometime this year,

    with these numbers as SHE can use the cash to acquire and fund additional Oil ventures.

    Cheers.
 
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