SHE 28.6% 0.9¢ stonehorse energy limited

Stonehorse Quarterly results due within a few days.Crude oil...

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    Stonehorse Quarterly results due within a few days.

    Crude oil passed 78 US dollars per barrel
    or
    $118 Australian dollars per Barrel.


    https://hotcopper.com.au/data/attachments/5914/5914402-2a873da9c74bd5b64103587ba71afa4e.jpg

    Certus /Pinecliff newwell revenue will not be recorded in The Quarterly results.
    Neither will Gryphon's,

    But some expenditure will be seen, so cash holdings will show a decrease along with enterprise value.
    That coupled with the Spill over vote might create Knee jerk market response .

    But Half year accounts 3 a few months after then should see a huge uplift in profits unless they invest again.

    Potential to grab a bargain.


 
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