SHE 0.00% 0.8¢ stonehorse energy limited

taking the David deloub answers above in conjunction we with the...

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    taking the David deloub answers above in conjunction we with the Certus well type production curve we can estimate post payout revenue generation and when dividends are likely.
    .
    A certus well with a type production curve as shown in the announcement and a David Deloub indicated payout period of 18 months then at payout SHE's NWI should be delivering around 103,000 to 75,000 AUD/month.
    or 1.23 to 0.9 million AUD per year. The lifetime of the well is expected to be around 20 years.
    .
    if SHE has 4 of these well pumping then that is from 5 million to 3.6 million per year additional revenue over the course of its lifetime.
    .
    In order to reach 2000 BOE/month or 730,000 BOE/year then at $20/year a revenue of 14.6 million per year is needed.
    That is 12 Certus type wells.
    They can afford 4 at the moment and 3 every two years. which suggest to me that their wont be any dividends for some time.
    .
    But David Deloub indicated that as revenue increased then should see an associated market cap increase.




 
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