Update of Enterprise value taking into accounts March 2024 and...

Update of Enterprise value taking into accounts March 2024 and unreceived April,March,February cash flows from New wells using reported production values,
proton loan and BRK shares that when taken from Market cap give us Enterprise value of 0.464 million AUD.

	Table for Cash+Recent income + BRK etc shares	AUD$	Per Share AUD$
1	Today's date	30/04/2024
2	SHE Share price (1)	0.012
3	NumberStonehorse energy shares (2)	684,435,083
4	Market Cap (3)=(1)*(2)	8,213,221	0.012
5	Cash in bankon30 /04/2024(4)	5,656,000
6	Caroline Well February $ owed not yet received (5)	293,466
7	Caroline Well March $ owed not yet received (6)	281,884
8	Caroline Well April $ owed not yet received (7)	272,651
9	Gryphon Well February $ owed not yet received (8)	70,500
10	Gryphon Well March $ owed not yet received (9)	60,000
11	Gryphon Well April $ owed not yet received (10)	50,630
12	Sum of wells $$ not yet received (11)= (5+6+7+8+9+10)	1,029,131
13	BRK shares '45,000,[email protected]'(12)	630,000
14	DMG Shares '896,[email protected]' (13)	9,863
15	ProtonLoan '370,000$ CAD=414,000 %AUD' (14)	414,400
16	Proton loan interest for April @APR 30 or 2.22%/month (15)	9,160
17	Cash +loan+ unreciepted Cashflow(16)=(11)+(12)+(13)+(14)	7,748,554
18	Enterprise value (3)-(16)	464,667
19	Cash expended on new wells during april 2024 ???	???

And in image format.


Again the market has assigned near enough zero value(0.464 million) to SHE oil and gas resources in the ground and current cash flows.

The 464,667 is less than two months of SHE current Revenue so clearly SHE is still undervalued significantly.