WBE
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0.00% 0.6¢ whitebark energy ltd

Ann: Quarterly Activities and Cashflow Report, page-20

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  1. TTrader
    620 Posts.
    lightbulb Created with Sketch. 26
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    05/02/18
    07:48
    Post #: 30813424
    My thinking....
    275 bbls/d at $60 oil(?) =
    Per Q revenue of $1.5m (275 x 90 x $60).
    That's cash-flow positive, no?
    I suspect revenue looks light this Q due to the timing of payments from the JV partner. Waiting for confirmation of this.
    Will advise.
    WBE Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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