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0.00% 0.7¢ whitebark energy ltd

The BOD in May said Wizard was worth $58m. (so $11.6...

  1. Mitchdon
    789 Posts.
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    12/01/24
    19:48
    Post #: 71857183
    The BOD in May said Wizard was worth $58m. (so $11.6 m/mmboe??)

    The CE1 SH's pretty much hate the deal for Blackspur and that was still $4m per mmboe.

    A sale at $12-15m values Wizard at between $2.4-3m/ mmboe.

    I'm not saying the BOD is trying to swindle SH's but if they were the Blackspur deal will make it harder for them to pull off.
    WBE Price at posting: 2.2¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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