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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 Fnordon Feb 10, 2012 2:14pm
454 Views
Post# 19517240

RE: RE: Risk/Reward:

RE: RE: Risk/Reward:

There's always some sort of risk with juniors or intermediates: political risk, recycle ratio / netback, financing, etc.  I happen to like CGX, DTX and MQL as well and own shares in all three, but I won't fool myself into to thinking they are low risk just because they are in more stable regions of the world.  Make no mistake, CGX is high risk high reward and will get hammered if Eagle doesn't hit.  CGX also does not have the experience or the track record that WZR has and doesn't have any cash flow yet (still a great prospect don't get me wrong).

Exxon and Total think the risk / reward in Kurdistan is good, and I'm inclined to think that they know what they are doing.  That said, those are diversified companies and I certainly wouldn't bet the farm on any pure play Kurdistan prospect at this point.

 

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