I realise the latest REX well isn't included.
All the previous oil production from the JV is included, or should be, and its not strong. I don't know how much of the JV cashflow is being kept for re-investment (rather than provided to WBE as an income stream).
But my point stands, they are a long way from breaking even on operations, and admin seems very high in relation to income. Net cash flows need to go up ten fold to turn a decent profit (i.e. a few million a year) based on this quarterly.
Ann: Quarterly Activities and Cashflow Report, page-6
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.523M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 491799 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 149998 | 1 |
View Market Depth
| Last trade - 16.12pm 25/11/2024 (20 minute delay) ? |
| WBE (ASX) Chart |
Day chart unavailable
