BYE 0.00% 5.4¢ byron energy limited

Ann: Business Update, page-10

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  1. 344 Posts.
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    Nevertheless, I wish Byron's management had set in place a financial position where survival was not an issue.

    Hi, I’m pretty sure that management has been pretty clear about how they have ensured the future of the company.
    The hedge of prices, reduction of pumping and costs and the clear statement of financial situation is pretty clear to me that this is a company in hibernation while covering costs until the world situation changes and we start pumping the cash out again.
    Ill be glad to top up then wait for a ten bagger 6 months after the vaccine/ recovery- which is inevitable.
 
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