BYE 0.00% 13.0¢ byron energy limited

Funding + possible SM6 revisit, page-4

  1. 811 Posts.
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    If i extrapolate the possible barrels of oil for byron share say 2.5 million barrels revenue at say $51 us ,cost to produce say $10, us profit $41 us per barrel.net profit $102 million less goverment tax of $19.5 mill .therefore net profit after tax of $82.5 us ($111 million aussie).If 5 million barrels (byron share) the profit would be $222 million .Byron is currently capitalized at$36 million which makes this company appear to be very cheap!!!.Bring on collarini certifiers !!!
 
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Currently unlisted public company.

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