WBE 0.00% 0.6¢ whitebark energy ltd

Ann: Wizard Lake Rex Drilling Update, page-13

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  1. 48 Posts.
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    I agree. I don’t think this well alone can get them surplus cash needed for any significant rerating since the margins there are so low. They will need to drill a few more wells and bring them on line to achieve that. I don’t fancy that happening inside 21 months. I like WBE but WBEO is a risky investment. Just my opinion. Won’t mind at all if proven wrong.
 
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