Australia's largest stock trading and investment forum Australia's #1 stock forum

BYE

Click for more information

0.00%

13.0¢ byron energy limited

Ann: Byron High Bidder on 3 Blocks at GOM Lease Sale 251, page-11

First 11 Last

Share
Profile

Follow
matyd

3,225 Posts.

40

17/08/18

11:31

Post #: 34992431
Share

Originally posted by sharpeye ↑

Hi 6186mark,
Just as a side note, in the time I have held Byron shares and while watching them through my holdings in Otto energy, I have found that Byron under promises and over delivers- long may that continue.

However, the shares in Byron seem to be tightly held, and when good news is on the horizon, this stock seems to move slowly, then quickly to new highs, so watch carefully over the next month or two as i believe this may be the case soon.

The recent reserve upgrade was good, but we can still only produce 4000 BOP at this stage, so that may have been the reason for the recent spike and fall of late.
IF BP is drilled as a producer and SM74 follows as a producer also, with the imminent reserves upgrade, and SM71 re-entry coming up, we may be looking at a different animal as early as end of November this year.
IMO DYOR

Expand

You nailed it with this paragraph,
I have found that Byron under promises and over delivers- long may that continue.
Very refreshing the way these boys go about things.

BYE Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 1 more message in this thread...

First 11 Last

Add BYE (ASX) to my watchlist