Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

Reminder from Nov. 27th
"The Board of Whitebark Energy Limited (ASX: WBE) (‘Whitebark’ or the ‘Company’) is pleased to
announce that it has received firm commitments to raise $517,000 via a placement of up to
25,850,000 new ordinary shares in the Company at A$0.02 per share (the ‘Placement’) to
Sophisticated and Professional Investors.
The funds raised will be deployed to cover costs of the Rex-3 well workover that is expected to
double total field production. Completion of the process is anticipated within the week."
THey didnt mention rex 3 in the quarterly.

What a disgrace this quarterly is:
- shitty production numbers
- no action to their words regarding rex 3
- no results for the divestment

And the new play will be geothermal at Warro. HORRIBLE!