They are much more likely to roll them over like they have done before .
They have a significant share holding in BYE and are obviously trying to do everything they can to avoid raising more capital at this time .
They have a lot of Skin in the Game .
They have already stated that more drilling will occur at SM58 before they go back to SM71 .
They would have carefully analyzed the risk / return of all their prospects and will drill the best ones first .
That should tell you that BYE think that the F5st well has considerable risk .
I very much doubt it has anything to do with the BYE / OEL JV Partner relationship .
SM 71 Production performance, page-21
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $4.714K | 392.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 7391126 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 18351847 | 15 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| OEL (ASX) Chart |