BYE 0.00% 13.0¢ byron energy limited

Matyd.The net profit of approx $1 mill Aussie a week will well...

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    Matyd.The net profit of approx $1 mill Aussie a week will well and truly fund any costs going forward.They have tax losses so tax payable will not be an issue for awhile .With biv peak most of the heavy lifting will be done by Otto and metgasgo ,My understanding is that byron will have to put in $2 to $3 mill into biv peak drilling after they get reimbursed for money already spent by byron .Based on current cashflow this can be funded in 3 weeks .
 
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