WBE

10.0%

1.1¢ whitebark energy ltd

Melbourne Proactive Presentation, page-12

First 12 Last

Share
Profile

Follow
lordofthestocks

913 Posts.

97

20/09/19

10:37

Post #: 40492746
Share

Originally posted by saltbus: ↑

I am some what surprised that WBE is still labouring in the .9/1 cent range with its share price.
I suppose whilst we have had good (exceptional) news on flow rates for Rex2, everything thing is a bit constrained with the need for a gas pipeline and limits to production from the facilities not being able to cope with the columns of oil.

As always new questions arise.

How long will it take to plan and build the gas pipeline, and get the permits and approvals.
What new additions or changes to the facilities are envisaged and how long will these take to implement and at what costs.

Because the oil and gas industry is on the ropes in Alberta I expect costs will be competitive (cheap) and will be able to be commenced quickly.

I was expecting the share price would have been closer to 1.5 cents now rather than where it is.
The ratio of buyers to sellers is quite remarkable with three buyers to every seller.

I personally would like to hear how much money WBE has received and how much is still in the pipeline.

But maybe I have become a bit impatient now that I have excited STX and bought into TEG and some more WBE.

It is barely three weeks since Rex2 started producing and I do know that oil sold in July is not credited to WBE until the 28th of the next month. That’s the 28th of August.

So oil from Rex2 , produced in September (nearly all Rex2 oil) won’t be in WBE ‘s account until October 28th.

I suspect bills could well fall due in shorter time spans than this.

I suspect Messina has had a bugger of a time plotting costs of pipelines and tanks against likely time of arrival of oil money. Add to this the desire/ need to drill more Rex wells.

The current priority would be maximising production from Rex2 and Rex 1.

So looking forward to the start of drilling Rex 3. It is so quick. Barely 4 weeks from rig arrival and start of production.

Oh, another Question. I wonder if Rex 2 is still freeflowing, that is not under pump. To good to be true.

Great great prospects.

Saltbus

Expand

Someone is still offloading at 1c gets bought then stacked again

WBE Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Climate change to drive market trends to the moon

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

ITM

Fast-track assaying yields 182 g/t gold for iTech at new NT play

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

LLL

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

TVN

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

There are more pages in this discussion • 4 more messages in this thread...

First 12 Last

Add WBE (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $2.568M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$550	50K

Buyers (Bids)

No.	Vol.	Price($)
3	724544	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	750000	1

View Market Depth

No.	Vol.	Price($)
3	724544	0.011
4	1944680	0.010
1	111105	0.009
3	324950	0.008
5	3342855	0.007

Price($)	Vol.	No.
0.012	750000	1
0.013	76920	1
0.014	434709	2
0.015	66667	1
0.016	363800	1

Last trade - 10.08am 05/07/2024 (20 minute delay)

WBE (ASX) Chart

Melbourne Proactive Presentation, page-12

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Climate change to drive market trends to the moon

KGL sniffs 19% Cu from drilling at Rockface play in NT

Fast-track assaying yields 182 g/t gold for iTech at new NT play

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Melbourne Proactive Presentation, page-12

Top Stories

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Climate change to drive market trends to the moon

KGL sniffs 19% Cu from drilling at Rockface play in NT

Fast-track assaying yields 182 g/t gold for iTech at new NT play

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News