BYE 0.00% 5.4¢ byron energy limited

Ann: SM 71 Reserves Update, page-15

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    For the reserves value you need to do an npv back as you won’t produce all of it for a few years and a dollar in 5 years is worth a lot less than a dollar today then add in any additional wells req to get it all and then add in platform abandonment costs then you might get a realistic reserves valuation .
 
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