"... ....Messina told us categorically they were getting WTI plus for the oil..."
it seems Messina laughed at you. Alberta produces heavy oil and WBE's oil needs to be trucked to market, who in their right mind would pay WTI for a heavy crude? and on top of that pay for transport!!! ...
Regardless the fact that we get discounted Canadian prices, WBE still gets a good price way above production costs, we may not need a capital raising if oil prices hold above US$70 for a while, with balance sheet clean this may open at 1c pumped by underwriter who wants to exit. Let's see.
Ann: Half Year Financial Statements, page-7
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Mkt cap ! $2.304M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.2¢ | $3.144K | 245.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 254708 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 27961 | 1 |
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| Last trade - 15.15pm 16/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.4¢ | 25000 | ||
| Last updated 13.05pm 16/05/2024 ? | |||||
| WBE (ASX) Chart |