I realise the latest REX well isn't included.
All the previous oil production from the JV is included, or should be, and its not strong. I don't know how much of the JV cashflow is being kept for re-investment (rather than provided to WBE as an income stream).
But my point stands, they are a long way from breaking even on operations, and admin seems very high in relation to income. Net cash flows need to go up ten fold to turn a decent profit (i.e. a few million a year) based on this quarterly.
I realise the latest REX well isn't included. All the previous...
Add WBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.271M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1227068 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 487712 | 2 |
View Market Depth
| Last trade - 10.14am 14/10/2024 (20 minute delay) ? |
| WBE (ASX) Chart |
Day chart unavailable