WBE 0.00% 1.2¢ whitebark energy ltd

Ann: 2021 Reserves and Contingent Resources Report Addendum, page-3

  1. 623 Posts.
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    Does this mean the share price on open will be $0.017 (4,370M shares x 0.017 = ~$76M = 1P + 2P reserves)?

    Oops, sorry, forgot they have zero finance to make those $76M a reality. Not even the underwriter of last cap raise is interested. Just enough to pay wages til oblivion. This is a lost cause if nothing materialises for Warro, unfortunately.

    https://hotcopper.com.au/data/attachments/3872/3872082-1cce4ac93f9d13f423847e07e4ce85dd.jpg

 
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