Ann: Quarterly Activity and Cashflow Report, page-154

In answer to a question that said cash was 5.4 million, Yes that was the cash that was reported but this does not factor in a lot of the last quarter.

I Believe that stonehorse energy will not have received payment for a large part of the last quarter production, and that the next quarter march 2024 will see a huge increase over December 2023 revenue/receipted values.
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If you factor in the production up till today's date ,Brookside shares, proton loans, and the the Gryphon well production and the company market cap will be near enough completely cash backed.

Even ignore these refactoring in production ,shares exc , it is still hugely cash backed with a growth plan it is executing.
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The confirmation of this growth plan is when the pay the dividends and then we can all pop the champagne. as long as david Stays the CEO which im 99% confident he will do as the majority shareholders have a confidence in him.