WISR Ord Shs V.WZR

Primary Symbol: WSRLF

Financial Services Credit Services

Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.

OTCPK:WSRLF - Post by User

WISR Ord Shs

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Post by vindaloo_u2on May 14, 2012 5:42am

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Post# 19904736

Genel Acquisition

23 per cent stake in the Bina Bawi exploration licence. Bina Bawi licence covers an area of 246 square kilometres to the east of Erbil. Cost is 175 million. First 2 wells had oil shows and tested high H2S gas. Third well had a gross hydrocarbon column of 800meters and tested 4000 bpd. Hayward says "he believes" the resources to be between 500million-1 billion barrels. I can't find a resource report however.

40% of this block would theoretically cost CAD 300 million. Garmian is roughly 7 and a half times bigger than the Bina Bawi block. The well which didn't hit high H2S at BB looks to be the equivalent of our Upper Fars (MQ) production potential. The PSC terms at Bina Bawi were too low to be found in WZR's top quartile chart.

So....what is Garmian worth?

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