Best to read the announcements,Their market cap is around 8.8...

Best to read the announcements,
Their market cap is around 8.8 million, they hold other assets such as BRK shares valued at around 577,000.
They have made loans to proton energy of around 418k, and the loan is giving a annual return TO stonehorse of around 40%.
They hold cash just under 6 million.
.
They have 10 older wells churning a slow rate of revenue with very small networking interest's apart from the Jewel well.
,
They have two new wells, the Certus(Caroline well) and the Gryphon well which should give a 50% better return on investment than the Vertus well.
These will pay for themselves within a reasonable amount of time, and then continue producing for the next 20 years according to the CEO answers to questions.
.
In addition Stonehorse has 4 sections they can take advantage of with the new wells, this means that when the wells slow down, they can can do a new section at a fraction of the drill cost as the sections will use the same vertical drill hole, pipes, tanks and equipment as currently exists.
.
The share price will may well stay at its crazy lows until the revenue is shown in the march or june quartiles show a increase.
.
It looks as if Stonehorse energy is in talks for more wells, and has had hired a person to manage the new sale .
.
The risk are
That is is s nano cap company and very subject to downramping and manipulations.
.
David deloub and the bourd not being voted in leading to no real management, this should be resolved by the end of this month.
.
The CEO has been asked to come to the rescue of other listed companies as their CEO thus diluting their time spent o SHE
.
.
This stock is not very liquid.
.
A take over offer that is accepted when the share price is very low.
.


Financials:
A few years ago, they were in debt, losing money, and near enough no revenue. Now they have increased their cash holdings , their revenue has increased, and we should see a large increase in revenue over the next 6 months.
.
In my personal view this stock is very under valued , but their is no rule that says a stock share price should reflect its intrinsic value for nano stocks.
.
Stonehorse energy needs to escape it fixed costs, and the most efficient way to do that is to open more wells this year,
This would mean they have several new wells over a year span, driving up revenue, and gross profit, Then the P/E ratio should do its job in regards to the share price.
.
But to invest in new wells means spending more of its cash, so in my personal view Stonehose share price will fall ,but later on it will rise.
.
They have the cash, the opportunities to do more wells, and team and the CEO has said they will do more wells.,
.
Do your own research always and look at the 6 monthly earnings, net cash, revenue ,operating costs etc and its future should be clear.







.

.