these are pretty good numbers considering the costs to get them flowing.
an oil update will not be far away, this will be better received because more money in oil, as they keep telling us they are still concentrating on oil.
this will be a great little earner and the market will see this soon. if a certain person is just selling a few at opportune times it knocks confidence, but they will run out pretty soon.
Look they are not drilling at high costs in the hope they will strike the mother load, but instead drilling a lot that have already been drilled knowing they will get either oil or gas, so it is a matter of getting the job done, building the amounts they pull in week by week.
They will have the opportunity to either take profits on what they have or use it to build the company, using the money they are making.
The latter is their aim.
in 12 months this will be a pretty good earner and the market will value it as such, no doubts there.
If you look at what something like RFE are producing with a market cap of $140 mill, WHN should be there in less than 12 months, and m/c now of $8 mill, work out where the sp is headed.
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these are pretty good numbers considering the costs to get them...
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6 | 901048 | 0.008 |
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Price($) | Vol. | No. |
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0.015 | 508103 | 2 |
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