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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 canadafoxon May 26, 2013 1:25pm
250 Views
Post# 21443107

Vin's OWC observation

Vin's OWC observation

All;  Vin mailed to point out that B-1 at the Top Oligocene is below K-3 TD.  I replied to him accordingly...

'vin; Good spot and you are correct of course assuming the schematics are accurate.  The topographic map of the Top Oligocene ( TO - the reservoir in question on Pg 12 in the recent presentation ) of K-3 is around 1900m ss.  The reservoir at K-3 is approx. 400m deep and that would place K-3 TD at 2300m ss approx.   Baram-1 TO is around the 2475m subsea contour and it is therefore about 150 - 175m deeper.  This means of course if there is ANY OWC found at K-3 this would probably means that Baram is 'underwater' ( assumes that Baram is connected to Kurdamir ). The does not change  the analysis it just simplifies it.  We should hope for no OWC.  I'll post up your observation and the correction that it indicates.  Thanks.'

Baram of course may not be connected to Kurdamir and could have a separate OWC.  But it would make a decision to drill Baram-1 a great deal more risky if an OWC is found in K-3.  We would then be absolutely reliant on Baram being a separate field.

Thanks again to vin.

Bullboard Posts