BYE 0.00% 5.4¢ byron energy limited

Ann: Production Update, page-17

  1. 6,586 Posts.
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    It appears that you're still struggling with the concept of liquidity. They have the liquidity...thats why they can drill and recomplete wells. Certainly a shame that there is damage in F4, otherwise it would've been a great supplement to already strong cashflow. Them's the breaks - certainly can't criticise them for spending an immaterial sum on an intervention that could've paid back in multiples. That's prudent risk/reward allocation. No betting the farm on deepwater wildcats here.
 
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