BYE 0.00% 5.4¢ byron energy limited

BYE has unfortunately had a couple of dud drills in recent 1-2...

  1. 97 Posts.
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    BYE has unfortunately had a couple of dud drills in recent 1-2 years , so I think the market will factor in a bit of risk in BYE's list of prospects

    They need to prove they can get the oil out of the ground and have oil flowing at a good rate.

    Basically - it's not real.. until its real.

    I guess if you are a believer in the management and the prospects (as i am).. simply hold on. Once the oil flows and becomes real money.. there will be a commensurate increase in share price

    Keep this stock in the bottom drawer and come back in 3 years
 
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Currently unlisted public company.

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