WBE 0.00% 0.6¢ whitebark energy ltd

Ann: Quarterly Activities and Cashflow Report, page-28

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  1. 75 Posts.
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    Salty, yep, we're on the same page.  I too heard Messina's strategy about focusing on production to speed up cash flow and then financing the rest out of cash flow - thats what happens when you're with a smart, experienced, JV partner - you make smart moves - and WBE management is smart enough to have got a good position with some good guys.   Re: Warro.  I guess its  a longer term strategy for management,  but look at the calibre and depth of the PLX folk.  If we work well together in Alberta, (already showing a bit of mutual back scratching wrt to taking 30% in Rex) they'll be in a good position to do the same here. Regulators love experienced operators, especially north Americans - they won't back locals. Thats where i think WBE's genius came in to it.  Lets see. Al
 
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