WBE
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12.5% 0.9¢ whitebark energy ltd

It is a good deal. Your 100% sole risk scenario is for that well...

  1. Lets Find Oil
    304 Posts.
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    19/09/19
    09:09
    Post #: 40476284
    It is a good deal. Your 100% sole risk scenario is for that well only. WBE is going from 20% ownership in the Rex field to 50%. The extra 30% if ownership of 20m barrels is worth the funding arrangement.
    WBE Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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