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 .
Great time to be producing .
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