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WISR Ltd V.WZR


Primary Symbol: WSRLF

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

Bullboard Posts
Comment by godfroggeron Jan 13, 2009 8:18am
524 Views
Post# 15700523

RE: RE: huge blocks being crossed..it already star

RE: RE: huge blocks being crossed..it already star

If they are 10-15m from TD they will already have passed through the target intervals and the last will be over-hole for logging tools and completions efforts.  Unless the ROP is incredibly slow, though, drilling 10-15m should only take a few hours (if they are getting 10ft/hr?).

As this is our first well in the area I would expect a fairly extensive wireline logging program which could take a couple weeks. The final section will also have to be cased and cemented (2-3 days) after open-hole logging, before testing begins.

I plan to show this one a little bit of patience, as there is potential for a dramatic and sudden sp jump on good news (and the overpressured HC zone and oil on the shakers are certainly good omens!).


good luck!
Bullboard Posts