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.
I agree. I don’t think this well alone can get them surplus cash...
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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 |
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