BYE 1.67% 5.9¢ byron energy limited

Great time to be producing .

  1. 2,275 Posts.
    lightbulb Created with Sketch. 1813
    The timing for starting producing is excellent .Louisana Light is currently about $87 dollars Australian a barrel.If byron can produce 5000 barrels a day at $87 the revenue per day will be $435,000 per day add gas of say $15,000 per day equates to $450,000 per day .(byron share would be $225,000 per day )My understanding is that it costs about $15 Aussie to produce the oil and gas so very good margins I would have to say .The company needs to pay the govt 19.75 percent tax from memory so the money should start pouring into the bank very soon .The directors amd management have done a great job so far as they have taken a small driller to a very handy producer .
 
watchlist Created with Sketch. Add BYE (ASX) to my watchlist
(20min delay)
Last
5.9¢
Change
-0.001(1.67%)
Mkt cap ! $63.64M
Open High Low Value Volume
5.8¢ 6.0¢ 5.8¢ $2.047K 34.94K

Buyers (Bids)

No. Vol. Price($)
1 97687 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 331777 2
View Market Depth
Last trade - 15.56pm 06/05/2024 (20 minute delay) ?
Last
5.8¢
  Change
-0.001 ( 1.69 %)
Open High Low Volume
5.8¢ 5.8¢ 5.8¢ 10526
Last updated 12.21pm 06/05/2024 ?
BYE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.