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

" In the quarterly they will have to announce the expected...

First 3 Last

Share
Profile

Follow
ronstieb

6,352 Posts.

62

17/04/18

16:04

Post #: 32506627
Share

Originally posted by Little T ↑

Based on previous quarterlies the announcement should be out next week.In the quarterly they will have to announce the expected income and expenditure for the next quarter on a cash basis .My understanding is that they get paid in the next month to production so one would expect the following quarterly revenue to be very substantial based on their 40.5 percent of the barrels produced by them a day 4288 at $90 a barrel (est $156,000 per day ) .The expenditure should not be great as the drilling rig is no longer on site .I await with interest to see the figures .

Expand

" In the quarterly they will have to announce the expected income and expenditure for the next quarter on a cash basis "

I think they only state estimated cash outflows for next quarter.
Thats how OEL reported when they were producing from Galoc.

We should get an update on production rates to date though.

BYE Price at posting: 39.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

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

CXM

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

ACW

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

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

First 3 Last

Add BYE (ASX) to my watchlist