It appears to me that Cue is saying to MOG and MEO that if they want to get the well drilled they are going to have to bend further than Cue needs to, because MEO have already committed to drill the well in an earlier agreement with Cue and Cue appears to be simply holding them to that agreement.
What happens if MEO does not fulfil its commitment to drill the well? Can someone who knows tell me this?
Could it be the licence returns back to Cue and they conduct their own agreement with a farminee directly.
Happy to be enlightened on the matter. I am happy for Cue mgmt to stick to their guns.
announcment out , page-29
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.85M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $96.75K | 903.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 849895 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 955658 | 2 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| CUE (ASX) Chart |