SHE - Stonehorse Energy

Re: NIO - Nickel Ore

Saw that - makes it a bit more attractive given the share price. Be even more attractive if it ran back to pre-consolidation levels.

Re: NIO - Nickel Ore

First resource estimate out this morning for NIO - im not too familiar with nickel - is anyone able to shed some light on quality of announcement?

Re: NIO - Nickel Ore

Release this morning re Gold.

Nickelore Ltd (ASX:NIO) today announced results from infill RC drilling at the Big Blow North prospect in M24/890 at it’s Bardoc
Gold Project, 50 kms north of Kalgoorlie.
The ten-hole Reverse Circulation (“RC”) drill program included intersections of 4m @ 6.8 g/t Au from 19 metres, 4m @ 3.5 g/t Au
from 53 metres, 4m @ 2.6 g/t Au from 30 metres and 3m @ 2.5 g/t Au from 26 metres.
The majority of these drill intersections in the mineralised zone at Big Blow North are less than 40m below the surface, supporting
the potential for an open-pit mining operation at this prospect. At the southern limit of drilling, the mineralised intercepts are wider
but of lower grade. The mineralisation is still open to the south and at depth.
The table below contains all the drill intersections greater than 5 gram-metres from the recent drill program.

Re: NIO - Nickel Ore

so who the hecks gonna be buying these options for 25c now?

at least its very low volume that went with the price dive.

what will happen to the mining schedule if they dont raise the money? just wait for better times? its a shame as everything was looking real rosey with the nickel and gold announcements.

Re: NIO - Nickel Ore

24-01-2008 12:32 PM NIO Nickelore Discovers New Nickel Zone at Siberia Project
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00805587

SP NIO $0.175 +$0.035 +25.00% 734,565 shares $114,859 @ 24-Jan 15:38:00

NICKELORE DISCOVERS NEW NICKEL ZONE AT 100% OWNED SIBERIA NICKEL LATERITE PROJECT
Highlights
• Nickelore discovers new nickel laterite zone in initial exploration drilling at the Company’s 100% owned Siberia Nickel Laterite Project NNW of Kalgoorlie

• The initial drilling results include intersections of 28m @ 0.77% Ni, 0.05% Co from 22 metres and 12m @ 0.74% Ni, 0.09% Co from 20 metres

• The Siberia Nickel Laterite Project adjoins Nickelore’s existing Canegrass Nickel Cobalt Project where the Company has the mineral rights to 140,000 t of Ni (20 mt @ 0.7%)

Re: NIO - Nickel Ore

i dont know why some sellers are seemingly anxious to get rid of their holdings of this stock! the price has plumeted now to 0.13 for no real reason that i can see except impatience! very small volume at least but this stock hasnt realy seen this low a price for a very long time and it hasnt ever realy seen much volume at this price either, so people must be seeling at a loss!?

does anyone else remember nio saying anything about mining canegreass and selling the raw earth to a nearby high pressure acid nickel producer to get cash flowing in to use to setup their own atmospheric leaching plant? whatever happend to this? all i hear now is the rights issue that has been postponed which would have raised money to start things. i think it was in their annual general meeting thingy.

Re: NIO - Nickel Ore

I sold out of NIO a couple weeks ago as I watched the Co. throw anything into the news in order to get the price up for the rights issue. I stepped out but I'll watch it for the turn.

(I no longer own this one)

Re: NIO - Nickel Ore

I watched Iggy Tan at a conference last year and I must say i wasn't terribly impressed. At the time he was saying he was going to dig up the laterite ore and ship it straight to China for smelting into pig iron. Seemed pretty hair brained and certainly raised a few eyebrows. Since then the story has changed to heap leaching and also to atmospheric leaching.

From what I can see the substance of the NIO announcements are usually quite thin and full of unqualified generalisations.

The 18/1/08 Uranium Ann is a good example of this, count how many times they use the words possible, probable, and may.
- They have completed a gravity survey over a salt lake and found a gravity low. I would be surprised if you didn't find a gravity low over any substantial salt lake in WA.
- The 3000ppm U3O8 sample touted in the highlights is not identified as a heavy mineral concentrate until later in the text and there is no mention of the amount of concentrate obtained from the 4m sample. It may only be a gram or two and as it is likely sourced from the surrounding granites it is no surprise it is anomalous in U as granites have a much higher U, Th and K background than most other rocks of the crust.
- States there may be possible reduced organic or pyritic material in the lake. There may be a lot of things in the lake. It is unlikely, however, that there will be much in the way of organic material in the lake as the northern palaeodrainages are generally oxidised, with the southern drainages, Kambalda and south containing carbonaceous clays, lignites and pyritic sediments.
- Talks about the collection of radiometric data using a scintillometer with readings of up to 850 counts per second and the immediately goes on to talk about U3O8 assays. In the appendix they mention that the scint is not calibrated to measure U3O8 and in fact measures total count gamma radiation (U, Th and K) but also states that it is probable that the CPS readings are predominantly from U or U daughter products. However as granites usually have 3 to 10 times more Th than U it is probable that the Th is giving more counts than the U.

Basically the Ann says they have a salt lake and a corresponding gravity low with some low level U anomalism within a granitic terrain. Woop dee doo. I wouldn't call this market sensitive.

When I see announcements like these I wonder about the quality and motives of the management.

my : worth - I do not hold NIO shares.

Re: NIO - Nickel Ore

Todays Minebox

http://www.minebox.com/story.asp?articleId=10896
Nickelore drilling identifies additional zones at Canegrass

Emerging nickel producer Nickelore Ltd has announced positive reverse circulation (RC) drilling results at the company’s Canegrass Nickel Cobalt Project, 70km north-west of Kalgoorlie.

The drilling program consisting of eight RC drill holes was completed in Area 3, half a kilometre North East of Patch-Gulch – a former mining pit which is expected to be the first mine site for the Canegrass Project.

The work identified extensions of nickel and cobalt mineralised zones around Patch Gulch, where Nickelore will update resource estimates for the Canegrass Project scoping and feasibility studies.

The best intercepts were 4m at 1.15 % nickel, 0.02% cobalt, from 36m below surface, 4m at 1.11% nickel, 0.03% cobalt from 12m and 6m at 1.06% nickel 0.06% cobalt from 34 m below surface.

Managing Director, Iggy Tan said that the drilling demonstrated good continuity of nickel and cobalt mineralisation.

“This is excellent news for the scoping and feasibility work on the Canegrass Nickel Cobalt Project,” he said. “We are particularly encouraged to see some new zones identified which are outside our current resource model”.

“The next stage of the drilling program will be a systematic drill out of the prospective areas on the tenements underlain by ultramafic lithologies.”

- 25 Feb 2008

Re: NIO - Nickel Ore

whats happening? this company seems to have plenty of great tenements for nickel, gold, maybe uranium? but they need cash flow to gain some interest in this company surely? how will they do this?

another thing that bugs me is that this canegrass scoping study sounds great! all this nickel they can extract and profit from...BUT, it says they need around 8-900 million to set up the extraction plant! were the hell are they going to get this money from? they dont have enough shares to list to raise this kind of money do they? sounds like a bit of a catch 22 situation to me. am i wrong? enlighten me if i am please.

i hold this stock....unfortunately.....maybe in the looooooonnnng term we might see smiles?

Re: NIO - Nickel Ore

Mr Iggy Tan, MD of Nickelore Limited, on Boardroom Radio discusses the "Strong returns for the Nickel Project Scoping Study": http://www.brr.com.au/event/43177

Company website: http://www.nickelore.com.au

WEALTH WARNING: This stock has been subject to a Consolidation in the past and may at some time in the future cause you to lose all your invested capital.

https://www.google.com.au/url?sa=t&...WMAF6BAgJEAE&usg=AOvVaw0MNrFQaY0AX_Umv1bK7Bj9

On August 13th, 2019, Nickelore Limited (NIO) changed its name and ASX code to Stonehorse Energy Limited (SHE).

Interesting movement lately for a stonky style speccie with a chequered history.

Stonehorse Energy up 36% to 3.4c today after announcing that Oklahoma based Latshaw Drilling Company has now been contracted to supply and operate one of its Oklahoma based Rigs for the drilling of the Jewell Well under the supervision of the operator Black Mesa Energy.

Site works commenced earlier this month which includes construction of a planned all-weather multi-well pad and access road for the Jewell Well.

Spudding of the well is expected to commence later this quarter.

I can't figure this out. Investor presentation says 3.2 million cash @ September 30th. Quarterly report says 2.9 million. Not the end of the world, but shouldn't these numbers be a little closer?

Also noticed they are using white noise communications. Why would a small nearly broke junior oil and gas player be tied up with a boutique "investor relations" firm. Only noticed them on the announcements starting in October.

Lots of opportunities in the market. Don't think this is one I'm keen on.

Stonehorse energy ASX:SHE is now completely different company,



Highly profitable and growing revenue, last year revenue grew by over 1000% and profit grew by

1900% but it has little publicity due to current small size.


Stonehorse energy revenue is now94% of its market cap.


Stonehorse energy gross profit is now 86% of its market cap.


Stonehorse energy has more cash than its current market cap.


Stonehorse energy also own other shares valued at 10% of its market cap.


Stonehorse energy has oil and gas producing wells and plans to scale this over the next year.

FlyFast said:

Stonehorse energy ASX:SHE is now completely different company,



Highly profitable and growing revenue, last year revenue grew by over 1000% and profit grew by

1900% but it has little publicity due to current small size.


Stonehorse energy revenue is now94% of its market cap.


Stonehorse energy gross profit is now 86% of its market cap.


Stonehorse energy has more cash than its current market cap.


Stonehorse energy also own other shares valued at 10% of its market cap.


Stonehorse energy has oil and gas producing wells and plans to scale this over the next year.

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With Brent Crude at almost US$94 a barrel (highest level since last November) - cheap Oil & Gas stock Stonehorse Energy SHE @ 0.016c just announced

Telamelo said:

With Brent Crude at almost US$94 a barrel (highest level since last November) - cheap Oil & Gas stock Stonehorse Energy SHE @ 0.016c just announced

Stonehorse Energy Ltd (ASX:SHE) Share Price - Market Index

Today’s SHE share price, stock chart and announcements. View dividend history, insider trades and ASX analyst consensus.

www.marketindex.com.au

View attachment 162557

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Oil up again overnight.. SHE market depth building/consolidating through 0.017c .. dyor

Telamelo said:

Oil up again overnight.. SHE market depth building/consolidating through 0.017c .. dyor

View attachment 162625

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Oiler SHE market depth dynamics improving/looks better for possible move higher soon imho (noticed buying depth @ 0.016c/0.017c levels building - if seller's hold firm then buyer's will need to pay up to get in).. decent bids stepped up this morning @ 0.018c .. dyor