BYE 1.96% 5.2¢ byron energy limited

Based on previous quarterlies the announcement should be out...

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    Based on previous quarterlies the announcement should be out next week.In the quarterly they will have to announce the expected income and expenditure for the next quarter on a cash basis .My understanding is that they get paid in the next month to production so one would expect the following quarterly revenue to be very substantial based on their 40.5 percent of the barrels produced by them a day 4288 at $90 a barrel (est $156,000 per day ) .The expenditure should not be great as the drilling rig is no longer on site .I await with interest to see the figures .
 
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