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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 Baxter4on Jun 14, 2010 10:58am
215 Views
Post# 17185835

RE: RE: RE: RE: RE: RE: RE: RE: Between the Lines

RE: RE: RE: RE: RE: RE: RE: RE: Between the Lines
"The liquid natural gas requires no pipeline to transport.
Once it reaches its market, it can be re-gasified and distributed as pipeline natural gas."

I can't believe you actually said this. The Natural Gas Liquids (NGL or Condensate) are effectively a very light oil which can be separated from the NG and transported by tanker truck. The problem is what do you do with the NG. It has to be transported by pipeline or flared. Flaring is a waste of the rescource although in the Middle East it used to be very common, not so much anymore. The most viable option is a pipeline but that will be years away.

What you sugested was Liquified Natural Gas (LNG) which would require a liquification plant, a fleet of pressure tankers and a regasification plant. Totally uneconomic.

I'm waiting to hear the test results from all zones as I believe there will be commercial oil production from at least a couple of zones. A well can usually only produce from 2 zones at a time, so the gas zones can wait until infrastructure is in place.
Bullboard Posts