A puzzling pair of announcements
A trading holt and CR followed by a Rex 3 update which is way out there on the far edge of what is possible.
It is going to have to be a really good oil field or the rest of Wizard Lake. Either way we will be big winners. I don’t think the share price will go down much as a 1,000 bopd is a huge cash flow and that is only one Rex. Add Rex 1 and 2, and we will have to be producing over 1,500 bopd.
1,500 bopd at. $30 per barrel profit is $45,000 per day.
Hahahaha that’s $1,350,000 per month PROFIT.
And 20 more wells and a new field.
Cheers
Merry Christmas
Saltbus
Ann: Trading Halt, page-39
-
- There are more pages in this discussion • 60 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
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.766M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 788518 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 28534 | 2 |
View Market Depth
| Last trade - 11.19am 12/11/2024 (20 minute delay) ? |
| WBE (ASX) Chart |
Day chart unavailable