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11.1% 1.6¢ zimi limited

wells only expected to flow at 75 mcf, page-5

  1. indbull
    159 Posts.
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    17/06/08
    00:15
    Post #: 3866466
    If you go through announcement WHN is planning to build more wells and each well will cost them around 150k.

    They have mentioned that Further cost will be funded by revenue generated by existing wells. So even if the flow rate are less its just temporary till new wells are drilled.

    QFY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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