SHE 7.69% 1.2¢ stonehorse energy limited

Estimated current asset position.Certus has been Producing since...

  1. 1,347 Posts.
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    Estimated current asset position
    .
    Certus has been Producing since late October 2023,
    Gryphon has only recently started producing since January
    .
    Between them they have generated already over $1.5 million EBIT (Earnings before interest and taxation) since late October.
    .

    https://hotcopper.com.au/data/attachments/6007/6007388-143da4942cb35cf7b1b216ef582c9261.jpg
    .
    Table for Cash+Recent income + BRK etc shares AUD$Per Share AUD$
    1Today's date4/03/2024
    2SHE Share price (1)0.013
    3NumberStonehorse energy shares (2)684,435,083
    4Market Cap (3)=(1)*(2)8,897,6560.013
    5Cash in bankon31/12/2024(4)5,423,000
    6Caroline EBIT Oct to February Inclusive not shown in accounts1,103,408
    7Gryphon EBIT January+ February Inclusive not shown in accounts441,228
    8BRK + DMG Shares $ on market value (9)495,000
    9Proton KP 5 loan Principle +interest for this qtr (11)462,086
    10Cash in bank+monies owed+BRK Shares+Caroline+Gryphon 7,924,722
    11Enterprise value972,935
    12Cash expended on new wells for 2024 ???
    .
    The enterprise value at current share price is $0.972 million

    I.e. the resources in the ground for Grphon, Certus, Juwel and other the market is only valued at just under $1 million AUD.
    .

    I believe this valuation of the resources in the ground is not appreciated by the market and as new wells are opened from this new revenue stream and EBIT increases then SHE should increase .
    .
    The market is particular slow on the uptake on this one.




 
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Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $8.213M
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1.2¢ 1.2¢ 1.2¢ $913 76.11K

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