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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 algroveon Oct 31, 2011 12:03pm
590 Views
Post# 19195455

RE: Question

RE: Question My understanding is that they are allowed up to 5,000 barrels a day during production testing (even though they probably could produce significantly more). Given the political tug of war there, I don't think they have a production license. Therefore, the extended test could continue for several years until the earlier of the reservoir becoming depleted or a political settlement is reached to allow a proper production license. The same will probably apply to the nearby well they are currently drilling, which will probably bring total production to 10,000 by early next year (5,000x2). Just my guess. Each should do his own due diligence and arrive at own conclusions of likely outcomes.
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