BYE 0.00% 13.0¢ byron energy limited

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  1. 172 Posts.
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    Thanks Hardoak.I remember reading your post on the 20th of July re page 62 of the prospectus and had great trouble sleeping that night. You mentioned that the independent technical report estimated the f sands had 1.2 million barrels of oil & the "BIG G" had 2.30 million barrels of oil ( nb Gross revenue per your calculation of $ 350 million PRIOR TO ANY GAS SALES). Now if the f sands are commercial it makes you wonder what the revised resource estimates will be ? The current SP will be very very very conservative IMO ! If Jimmygig's hunch is right we may not have long to wait.
 
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