Australia's largest stock trading and investment forum Australia's #1 stock forum

BYE

Click for more information

0.00%

5.4¢ byron energy limited

Ann: Byron High Bidder on 3 Blocks at GOM Lease Sale 251, page-11

First 11 Last

Share
Profile

Follow
matyd

4,148 Posts.

219

17/08/18

11:31

Post #: 34992431
Share

Originally posted by sharpeye ↑

Hi 6186mark,
Just as a side note, in the time I have held Byron shares and while watching them through my holdings in Otto energy, I have found that Byron under promises and over delivers- long may that continue.

However, the shares in Byron seem to be tightly held, and when good news is on the horizon, this stock seems to move slowly, then quickly to new highs, so watch carefully over the next month or two as i believe this may be the case soon.

The recent reserve upgrade was good, but we can still only produce 4000 BOP at this stage, so that may have been the reason for the recent spike and fall of late.
IF BP is drilled as a producer and SM74 follows as a producer also, with the imminent reserves upgrade, and SM71 re-entry coming up, we may be looking at a different animal as early as end of November this year.
IMO DYOR

Expand

You nailed it with this paragraph,
I have found that Byron under promises and over delivers- long may that continue.
Very refreshing the way these boys go about things.

BYE Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

MGU

New results confirm Buena Vista's iron grades potential

There are more pages in this discussion • 1 more message in this thread...

First 11 Last

Add BYE (ASX) to my watchlist