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28.6% 0.9¢ stonehorse energy limited

What if SHE only open 1 set of wells in 2024..i.e.two more...

  1. Value4983843
    2,039 Posts.
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    22/02/24
    13:13
    Post #: 72535920
    What if SHE only open 1 set of wells in 2024.
    .
    i.e.two more certus sections and 2 more Gryphon sections and then no more wells then the cash accumulated is shown in graph.
    .
    https://hotcopper.com.au/data/attachments/5978/5978594-3bdb113f3b7fc0320d41f405c7700a38.jpg

    So after 5 years cash holdings will be around 27 million , so ignore future cash flows , a 0 Enterprise value should result in a share price of 3.9 cents
    or 300% of its current share price.
    .








    SHE Price at posting: 1.3¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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