WBE
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14.3% 0.8¢ whitebark energy ltd

Ann: Half Year Financial Statements, page-8

  1. bitluck
    626 Posts.
    lightbulb Created with Sketch. 89
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    04/07/21
    15:56
    Post #: 54269388
    In Q3 of 2019/2020 financial year WBE produced 74K boe for the quarter, then covid hit and the rest is history...
    https://hotcopper.com.au/data/attachments/3327/3327860-74a9c1910ececece34f854b5c4c56482.jpg

    So, it wouldn't be too crazy to predict that we could achieve 50K boe per quarter going forward despite well production declines, etc, etc. Plenty of cash to finance new drillings IMHO. Of course, if WTI prices hold above US$70, that is a big IF.https://hotcopper.com.au/data/attachments/3327/3327859-a966438e9e960e30b0c70256149bf49e.jpg



    WBE Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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