BYE 0.00% 5.4¢ byron energy limited

Annual Report 2014, page-3

  1. 102 Posts.
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    Peter as offfarmY had started this is purely just drawing the readers attentions to the cash flow situation. This is a very standard emphasis of matter paragraph and is very common among audit reports. It is mainly done to cover their backsides should funds not be raised, which is based on the historical cash burn and budgeting forecasts.

    Capital raising was always going to be inevitable even if a farm out deal was stuck. Reading some of the estimates, I don't think further capital raising will be a problem at all.
 
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