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5.0¢ byron energy limited

hi 6186mark,You are correct and I agree, they have plenty of...

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76 Posts.

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01/07/19

11:44

Post #: 39317548
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Originally posted by 6186mark: ↑

Yes, I'm not sure if my figures are as up to date as they used to be (!) but the costs used to be 18.75% royalties and $8.50 transport and extraction. Obviously there are other fixed costs outside of these, but they would still be raking it in at $50/bbl.

My thoughts on this are fairly binary; if they discover oil at any of their drilling opportunities, the SP is likely to rise, if they don't the SP is likely to fall. (However, if they fail two or three times on the trot it might throw some doubt upon their dataset interpretation).

They have plenty of opportunities (not just SM74) so at this stage I am happy to hold for the upside.

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hi 6186mark,

You are correct and I agree, they have plenty of activity. My concern is profits not activity.

BYE Price at posting: 29.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $53.93M

Open	High	Low	Value	Volume
5.0¢	5.1¢	4.8¢	$7.65K	151.3K

Buyers (Bids)

No.	Vol.	Price($)
1	648	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	1228	1

View Market Depth

No.	Vol.	Price($)
1	648	0.050
1	455587	0.047
2	402460	0.046
6	1027955	0.045
3	104767	0.043

Price($)	Vol.	No.
0.051	1228	1
0.052	40000	1
0.053	125769	1
0.054	47174	2
0.060	296241	4

Last trade - 15.58pm 05/06/2024 (20 minute delay)


Last 5.0¢			Change 0.000 ( 4.17 %)
Open	High		Low	Volume
5.0¢	5.0¢		5.0¢	93752
Last updated 11.21am 05/06/2024 ?

BYE (ASX) Chart

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