BYE
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0.00% 4.9¢ byron energy limited

Ann: Quarterly Activities Report and Cashflow Report June 2017, page-5

  1. stumpytrunks
    6,534 Posts.
    lightbulb Created with Sketch. 958
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    31/07/17
    18:21
    Post #: 26194101
    By my calculations they need approximately 7 million aud net to drill well #2 and get #1 and #2 to production. In that time they will also need to repay $2m to MEL and pay for admin and other. That small cap raising is potentially $10-11m. Really interesting times.
    BYE Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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