WBE 0.00% 1.4¢ whitebark energy ltd

Like you Buick, I’m hoping the slower flow rates are to preserve...

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    Like you Buick, I’m hoping the slower flow rates are to preserve profits until after the end of March when our ownership % goes up.
    Salty.....I get what you’re saying. “In the end, the one important factor is how much oil we get to produce from the field”, but when you look at it from this perspective you need to take into account the running costs.
    Most will know my thoughts on the salaries and bonuses paid to the Directors. There is a minimum flow rate (based upon the oil price of course) where it no longer becomes viable to extract, regardless of how big the field is.
 
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