Now that the fires are over for the month of may ,will we see...

Now that the fires are over for the month of may ,will we see any share price recovery.

considering Stonehorse energy exceptional current value offering.

SHE "Stonehorse Energy" market cap is currently +$5.47 million
despite its current cash holdings plus monies owed being around + $8 million.

Cash SHE is holding plus monies it is owed is +146.8% of its market cap less monies spent this quarter.

This is not even factoring in future revenue from current wells.

I realize some say monies in the bank doe not count , but that is just despondency.

David Deloub did say Dividends would be paid after the Canadian venture and even speculated it would be within 2 years of his last hub post not the 3 years i suggested to him.


Outline of calculation:

	Table for Cash+Recent income + BRK etc shares	AUD$	Per Share AUD$
1	Today's date	6/06/2024
2	SHE Share price (1)	0.008
3	NumberStonehorse energy shares (2)	684,435,083
4	Market Cap (3)=(1)*(2)	5,475,481	0.008
5	Cash in bankon30 /03/2024(4)	5,656,000
6	Caroline Well February $ owed not yet received (5)	293,466
7	Caroline Well March $ owed not yet received (6)	281,884
8	Caroline Well April $ owed not yet received (7)	272,651
9	Caroline Well May $ owed not yet received (8)	267,198
10	Gryphon Well February $ owed not yet received (9)	70,500
11	Gryphon Well March $ owed not yet received (10)	60,000
12	Gryphon Well April $ owed not yet received (11)	50,630
13	Gryphon Well May $ owed not yet received (12)	50,630
14	Caroline well, June 1st to 6th not yet received (13)	53,440
15	Gryphon Well June 1st to 6th not yet received (14)	10,126
16	Sumwells $ not yet received (13)= (5,6,5,7,8,9,10,11,12,13,14)	1,410,525
17	BRK shares '45,000,[email protected]'(15)	540,000
18	DMG Shares '896,[email protected]' (16)	9,863
19	ProtonLoan '370,000$ CAD=414,000 %AUD' (16)	414,400
20	Proton loan interest for April @APR 30 or 2.22%/month (17)	9,160
21	Cash +loan+ unreceipted Cashflow(17)=(13)+(14)+(15)+(18)	8,039,948
22	Enterprise value (3)-(18)	-2,564,467
23	Cash expended on new wells during april 2024 ???	???
24	Cash,loans,unreciepted cash flow as Percentage of mcap	146.8%

No doubt i will be vilified by Credit dumbness over several post that will focus on me personally rather than on
Facts about SHE, and this channel is about SHE.