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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 canadafoxon Feb 27, 2012 8:55am
476 Views
Post# 19589858

RE: S-1..New tubing => 13,640 bpd->?

RE: S-1..New tubing => 13,640 bpd->?

aton;  You quote; 'would be nice to hear of plans for new tubing...'. but the technical report you quote in support of this says;' Future ( UNDERLINED ) appraisal and development well designs will allow for higher capacity tubing...'  It is obvious that the company have no immediate plans to replace the tubing in S-1 Jeribe.  The implication that such changes may be in course to target 11K+ bbls/day is deliberately misleading.  It sets WZR investors up for a disappointment and is completely unnecessary.  Production from the S-1 well is already capable of 6K+ bbls/day but is limited by road tanker movements and not production capability.  De-bottlenecking is underway and that is what, if anything, will be reported upon.  As I posted before, until WZR can utilise the gas produced ( being examined for electricity prod'n ) there is very unlikely to be massive production increases from S-1.

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