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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

Comment by swisscanon Nov 07, 2013 9:00pm
271 Views
Post# 21887076

RE:RE:RE:RE:RE:RE:RE:Its a Steal

RE:RE:RE:RE:RE:RE:RE:Its a Steal
42API, thanks very much for your  well reasoned and informative contributions.
I haven't been able to listen to Simon's latest conference call, was there any mention of a sidetrack of K-3 ?
Whatever happened to the possible planned sidetrack that was put forward in their news release of Mar 22,2013 as follows :

Planned expenditures include approximately $30 million for the Kurdamir-3 vertical appraisal well (spudded February22, 2013), $9 million for the Kurdamir seismic program which commenced in the first quarter of 2013, and $2 million for the Kurdamir-2 completion costs. Contingent projects may also include $9 million for a potential Kurdamir-3 sidetrack, if required, and, subject to KRG approval, $7 million related to commencement of extended well test production at the Kurdamir-2 well.

Is it possible that that planned side track could be be turned into a horizontal well ?
Excuse my ingnorance of drilling practices.

Thanks and best regards
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