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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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(24)
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Comment by vindaloo_u2on Sep 19, 2012 4:32am
436 Views
Post# 20384000

RE: RE: RE: RE: RE: WZR: PG 12 of Corp Presentatio

RE: RE: RE: RE: RE: WZR: PG 12 of Corp Presentatio

If you really want to simplify things, let's take the bare minimum of what they will receive per barrel after all costs recovered.  I'm ignoring  the costs associated with extracting the oil at this stage as it's fairly insignificant (+.40cents/barrel?). I believe corporate taxes are 15% in kurdistan. :

At $100barrel brent:

-10%Royalty x 16%(min R factor) x 40% working interest-3% tax

=USD 5.59/barrel produced

 

As of today (Brent at 113)

=6.31/barrel

Once again...these are absolute minimum payments...it would take years to reach this R factor.  We will be taken out before then.  The majors should be paying at least $2/barrel contingent.   Should be closer to USD $3.  We're no longer talking about WI here...it's in the calculation...it's the total amount on garmian and kurdamir which could reach over 1.5 billion mean contingent next year if Baran is connected to kurdamir and it proves up the P50 prospective.  We would at that point have a takeover value of 3 - 4.5 billion dollars.

 

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