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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.


OTCPK:WSRLF - Post by User

WISR Ltd
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Comment by Baxter4on Apr 18, 2010 12:01am
525 Views
Post# 17004116

RE: RE: RE: RE: RE: Fact on Good40

RE: RE: RE: RE: RE: Fact on Good40Here is a link to the 2009 reserve sales figures. They show a much more realistic value of $14.20 for P2 reserves. plus the fugure includes natural gas as well as oil. G40 discounts a low number based on North American reserves where the average well is about 10 bbl/d. Compare apples to apples.

https://www.redorbit.com/news/business/1832426/global_oil_and_gas_upstream_ma_2009_review_new_assets/index.html

The important paragraph is:

Oil and gas valuations globally, based on an evaluation of the $100 million plus deal market and prices paid per 2P entitlement reserves, ended 2009 at the $14.40 per BOE level, up 40% from a trough number of $10.20 per BOE seen in Q1 2009 but down from the $20.90 per BOE peak seen in Q1 2008. In the U.S., valuations for 1P oil reserves ended the year at about $14.10 per barrel, down 25% from the 2008 peak. For 1P gas reserves, values ended 2009 at about $1.80 per Mcf, down 40% from the 2008 peak

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