BYE 0.00% 5.4¢ byron energy limited

Ann: Quarterly Activities and Casflow Report, page-27

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  1. 9,320 Posts.
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    support looking very weak, if declines are still occurring across all key assets can see them kicking out the near term drills or hitting up shareholders to mend the balance sheet before they look to drill.

    How BYE can look to afford a likely $45m drilling campaign is clearly getting questioned by the market … still some ways to fall to bring the EV back to an acceptable number to reflect cashflow
    And or reserves looks like that years long premium is deflating before our eyes
 
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