Slabbo, thanks, you r right about the reserves, BYE should be poised for a re rating of its share price once the analysts particularly overseas multiply the proved and probable by the price of oil per barrel minus expenses, let's have a guess, perhaps 60%. Phew...Hardoak you are right this company is well worth north of $250m I would reckon well worth north of $350m and it has a number of other exciting prospects unaccounted in the reserve report. I would imagine the number of suitors for a share of the action is hotting up.
BYE Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held