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13.0¢ byron energy limited

What I liked about last weeks announcements ., page-2

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Little T

811 Posts.

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30/04/18

08:33

Post #: 32754697
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Originally posted by Little T ↑

I liked the following things about last week announcements .
1.On current oil and gas prices EBITDA is about $150,000 (Aussie)per week including after salaries and corporate expenses.
2.There is a smorgasbord of potential in existing and new leases.
3.The company now only owes $5 mill to metgasgo ,paid $1 mill this month.
4.There is more oil in J1,B55 and C10 sands .
5.The CEO Maynard smith stated that the current income will allow byron to pursue future opportunities within our very exciting inventory of internally generated prospects and therefore significantly increase shareholder value.

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I was obviously a bit tired last night when I posted as the EBITDA is $150,000 per day which means $1.050,000 per week !!!!!

BYE Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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