They might get creative...
If MEL wanted a working interest in SM71, and/or OEL/MEL want to farmin to the new permits, that might raise a bit of cash to fix their near term funding shortfall.
Directors could loan the company money (again) with a view to getting paid back when the timing is better for a CR. ie, after SM71 is producing, and ahead of raising funds to drill stepout producer wells at SM71 and/or wells in the new permits.
Otherwise, yes agree, doing a CR now would be painful.
- Forums
- ASX - By Stock
- BYE
- Ann: Byron Awarded South Marsh Island Block 74
Ann: Byron Awarded South Marsh Island Block 74, page-6
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BYE (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.70M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.5¢ | $62.79K | 1.339M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 261352 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.046 |
7 | 1459754 | 0.045 |
1 | 302460 | 0.044 |
1 | 10000 | 0.043 |
4 | 850000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 261352 | 3 |
0.048 | 513372 | 3 |
0.049 | 100000 | 1 |
0.050 | 384894 | 3 |
0.051 | 100000 | 1 |
Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
|
|||||
Last
4.7¢ |
  |
Change
0.000 ( 2.17 %) |
|||
Open | High | Low | Volume | ||
4.7¢ | 4.7¢ | 4.6¢ | 155008 | ||
Last updated 13.38pm 27/05/2024 ? |
Featured News
BYE (ASX) Chart |