WBE 12.5% 0.9¢ whitebark energy ltd

Ann: Wizard Lake Rex-2 Rain Delay, page-4

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  1. 1,873 Posts.
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    Yes, it is really hard to get too disappointed over a weather delay.
    And if they can’t get gear in it means they can’t truck oil out, not so good as we are getting 100% of Rex 1 oil until repaid for financing the Wizard Lake facilities.

    Good thing though that the company raised what I thought was more than they needed.

    Hey Stash, they have drilled Rex 2, if they had waited until winter it would be months before it even started. Now we can drill Rex 3 in winter and have money coming in from Rex 2. Be positive here, everything is going well and we are on track to be at one cent soon and on our way to two cents for Christmas.

    Saltbus
 
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