WISR Ltd 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.

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WISR Ltd

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Comment by muley1on Mar 26, 2010 11:52am

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Post# 16928119

RE: RE: RE: Snippet from Annual info form - Kurdam

Godfrogger
Please explain how this could possibly be negative as you indicate?

"The resource estimates for Kurdamir-1 do notinclude any assessments for the Aaliji and Shiranish formations in the Cretaceous interval which were drilled subsequent to theSproule November Report."

How can this be any clearer? They do not include any resources estimates for the Aaliji and Shiranish formations! In other words the estimates are zero for these formations!! In other words there is not a single barrel attributed to these formations.

Now they have already told us that they have numerous oil and gas formations in these formations. Secondly they are going to great expense to redrill these sections with a sidetrack. Now they are telling us that "Additional information obtained from drilling, analysisof core data,additional testing or additional seismicdata may result in a change to the prior assessments of the PSC Lands and Kurdamir-1 and such a change may be material."

If there is going to be a change it has obviously going to be a positive change because you can not get any lower than zero. What does a material change mean. This means a significant upward revision in the resource estimate for their PSC and the Kurdamir 1 well. It can not get anymore positive than that!