Stonehorse Energy SHE extreme undervaluation is drivers are :.1)...

Stonehorse Energy SHE extreme undervaluation is drivers are :
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1) Small market cap and lack of liquidity.
2) Confidence not yet built up that Stonehorse can repeat successful investment in profitable wells.
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Number 1 above Is a chicken and egg problem, lack of liquidity is due to its small market cap that in turn is due to 1 and 2 above.
SHE has been fairly quite over the last year whilst commercial negotiations have occurred in confidence and not publicized.
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The recent proton energy loan and now Certus well 1-27-33 should give investors confidence that SHE can continue its rapid historical growth.
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After it is reported that on wire sensor (that will be dropped down new well) confirm the presence of Oil and Gas then should see a uplift of in share price.
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Both websites 'Simply wall street' and 'alpha spread' estimate Stonehorse fair value share price to be near 56 cents or 35 times SHE current share price.
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On Hotcopper a consensus was reached that a minimal fair value share price is at least 4 cents or 2.5 times its current value.
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Either way you look at it Stonehorse energy is significantly undervalued.