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

BYE

0.00%

5.4¢ byron energy limited

the parasite SM71 partner wouldn't exist without riding on BYEs...

First 8 Last

Share
Profile

Follow
hombre cara

29,255 Posts.

646

01/11/23

16:50

Post #: 70672082
Share

Originally posted by gocats14: ↑

True to form and avery predictable post from you. I agree you can't be sure at this early stagewhere the G4 well will stabilise but early indications are very positive andyou should at least acknowledge this rather than continually findingways to critisise the company.
Given you don’t ownany BYE shares I’m not sure what your motivation or agenda is in posting onthis site. It’s interesting and ironic though that you own OEL shares, and thecapital distribution you will likely receive, in the near future, is mostly dueto the success of the SM71 project which Otto, fortuitously, farmed into andwhich was leased, mappeddrilled and developed bythe Byron team and the Byron team alone. The same Company which you continuallydenigrate.
Just for the record,and so that it’s not forgotten, the SM71 project has now delivered over 4.7 million barrels of oil and 5.6 bcfg withplenty more to go. I don’t know how the SM58 project will ultimately compare but,so far, it has produced 8.6 bcf and800,000barrels of oil. Giventhe continued good performance of the E2 well, 600 barrels of oil per day, the very significant development in theG1 well which is now an oil well producing 340barrels of oil per day, and climbing, and the very encouraging initial 654 barrels of oil per day in the G4well and the G6 ST1 production still to be revealed, I think I’m more thanhappy to hold my shares and back the company.

Expand

the parasite SM71 partner wouldn't exist without riding on BYEs coat tails......and is whittling away it's reserves through lack of courage to explore and subsequently its saleable value...which mightnt be tgat much considering its gas orientated ...and gas is a no no investment for many...

Last edited by hombre cara: 01/11/23

BYE Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

CKA

Deal with Petrosea opens the door for Cokal's ramp-up plans in Indonesia

A Super PITch is key in the competition for capital

Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday

KAI

Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales

MND

Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated