SHE 10.0% 0.9¢ stonehorse energy limited

Update of calculation of SHE current financial position:.The...

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    Update of calculation of SHE current financial position:
    .
    The Caroline well revenue from last quarter did not make it into the December quarter statement.Adding the Caroline and Gryphon well revenue along with the current value of SHE holding in BRK shares and monies owed on the proton loan+interest gives the below table
    .
    .Excell format
    Table for Cash+Recent income + BRK etc shares AUD$Per Share AUD$
    1Today's date13/02/2024
    2SHE Share price (1)0.012
    3NumberStonehorse energy shares (2)684,435,083
    4Market Cap (3)=(1)*(2)8,213,2210.012
    5Cash in bankon31/12/2024(4)5,423,000
    6Caroline production Revenue that was excluded October100,000
    7Caroline production Revenue that was excluded November294,000
    8Caroline production Revenue that was excluded December267,000
    9Caroline production Revenue January253,000
    10Monies from caroline production February till today105,000
    11Gryphon production revenue January 231,000
    12Gryphon production Revenue February till today99,000
    13BRK + DMG Shares $ on market value (9)495,000
    14Cash in bank+monies owed+BRK Shares 7,267,0000.0106
    15Proton KP 5 loan Principle +interest for this qtr (11)462,086
    16Cash in bank +monies owed +BRK shares+Proton loan+interest7,729,0860.0113
    17Enterprise value484,135
    18Cash expended on new wells for 2024 ???

    Image format
    https://hotcopper.com.au/data/attachments/5955/5955613-e81226390eddbedbac51af3e657f5263.jpg
    .
    If you ignore recent cost for any new well construction then SHE is backed 94% by cash, shares and recent production revenue as its cash ,proton loan and BRK holdings underwrite its market cap by 95% ?.


    .



 
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