Stonehorse CalendarT -...

StonehorseCalendar		T - minus
		Days	months
Today	8/05/2024	0	0.0
Announcement JV Certus	21/07/2023	-287	-9.4
Happy spud day ! (Certus:1-27-33)	4/08/2023	-274	-9.0
Finished Drilling, Drill release: 30 days	12/09/2023	-236	-7.8
Annual report 2023 approx release date	29/09/2023	-219	-7.2
Test Results,prod eqp install start	9/10/2023	-209	-6.9
SpudGryphon Wapiti 16-02-65-08 (20 days)	22/10/2023	-196	-6.4
Production:mid Q4, 7 days after release	16/10/2023	-202	-6.6
Online,Sales: 1 week	7/11/2023	-181	-6.0
Gryphon: Drill release (3280m)	11/11/2023	-177	-5.8
IP21 results 25,000 BOE	13/11/2023	-175	-5.8
Myall Creek-2, planned re-stimulation	4/12/2023	-154	-5.1
Gryphon initial sales	12/01/2024	-116	-3.8
vote on relection of bourd(spillover) timeout	29/02/2024	-69	-2.3
Half year accounts	16/03/2024	-52	-1.7
Qtrly activities report and Cashflow report	31/07/2024	83	2.7
Annual report	29/09/2024	141	4.6
Performance rights Expiray$0.04, 4m@$0.06, $0.08	25/10/2024	167	5.5
Dividends Potential if 4 new multiple wells/year	30/06/2025	412	13.5
KEY	Green = Certus 1-27-33
	Myall Creek-2: Surat basin,Qld
	orange=Gryphon wapiti 16-02-65-08
	Options 3*4 million at 0.024

A Long 2.7 Months before the next Quarterly report.

Fortunately Stone horse energy has very robust Fundamentals,
Cash holdings a sizable percentage of its market cap, plus monies owed from proton, BRK shares, Gryphon and substantial revenue not yet received from Pinecliff. On average strong revenue growth over last 4 years.

It is the nature of small nano caps with large cash holdings to have large share price ups and down , SHE is not that bad in this regard.

The only risk's i see with Stonehorse is:
1) Pinecliff not paying invoices
.
2) Fraud , I find this very unlikely as David deloub has a number of positions and would not want to jeopardize those positions plus career as a CEO where their has never been a recorded cause for him to be investigated or suspicion. Also the chairman overseeing the board has a history of returning substantial wealth to share holders.
.
3) Well damage.


We have 2.7 months ahead till the next Qtrly Activities and cash flow report and myself i will be patient
as i'm confident SHE Will come through and like other past investment it takes time but often worth the wait.

SHE appears very cheap so offer's excellent buying opportunity before Revenue from Pinecliff is received during the next few months swelling the cash coffers lifting the market cap or else they open more wells.


I expect to be attacked as usual for this post so have added a the below caveat.

Caveat: Credit dumbness will discredit this post because he invested in AVW ,CI1 … resulting in 90%+ losses and buying into SHE at 4.0 cents resulting in additional losses, sadly these losses he could not afford. He wrote that he will discredit David Deloub and the other CEO’s till they are ousted and discredit every post i make resulting in trolling of me 14 hours a day damaging dialogue in some channels. My advice( ignore credit dumbness) .

Had he followed value investing principles he would not have sustained such losses and would be a happier man.

We wish Credit-dumbness Good luck with SHE.