BYE 0.00% 5.4¢ byron energy limited

BYE Chart, page-61

  1. 6,593 Posts.
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    Huge, isn't it. The additional 20mmscfgpd from G1 (p12 cap raising presso) isn't to be sniffed at either. One mmscf is roughly equal to one MMBtu. At current prices they should be netting around $2 per MMBtu which is an additional $3.6m USD per quarter or circa $14.4m per annum. That's roughly $20m aud. That's an additional 100/160/200 under the 5x, 8x, 10x projections. Crazy to think that a suboptimal completion could result in cashflow substantiating half the current market cap. Not to be sniffed at and G2 has me very excited.
    Last edited by stumpytrunks: 18/08/20
 
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