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12.5%

0.9¢ whitebark energy ltd

Ann: First Oil from Wizard Lake, page-10

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alexei ii

3,093 Posts.

5883

06/06/19

14:27

Post #: 38941556
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Originally posted by agriffiths27: ↑

Its good that the capital infrastructure is now established (I like the pictures), however it will be the numbers that do the talking. The sustained oil extracted -> output from processing and ultimately the sales revenue earnt less expenses in doing that. I think operational wise that should give a good indication of returns/recovery of deployed capital invested. It's a bit of a crude analysis but thats what I'm looking to see from the numbers.

I'll exclude from this further drilling or exploration which If sucessful could be spread across the shared production facility/admin costs. Each well may generate slightly different returns both in oil extracted and capital deployment.

I am not across what sort of $/bbl should be reasonably expected to be achieved based on the location and oil specification.

That's my 10c worth.

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You're on the money bro...I reckon 10c is about right for the SP by xmas. Ill set that as my sell price.

WBE Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.9¢		Change 0.001(12.5%)		Mkt cap ! $2.271M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$15	1.667K

Buyers (Bids)

No.	Vol.	Price($)
2	10017	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	370000	1

View Market Depth

No.	Vol.	Price($)
2	10017	0.009
3	510714	0.007
3	783335	0.006
1	400000	0.005
1	166670	0.003

Price($)	Vol.	No.
0.012	370000	1
0.016	363800	1
0.017	435599	1
0.063	80004	1
0.000	0	0

Last trade - 15.13pm 08/10/2024 (20 minute delay)

WBE (ASX) Chart