CUE 5.00% 10.5¢ cue energy resources limited

quarterly report, page-20

  1. 4,560 Posts.
    lightbulb Created with Sketch. 4
    What an exciting quarterly report...
    Theres something in this for everyone...something for the protected gambler, something for the more defensive investor...
    with base revenues and reserves as will in time be a strong support for a sp higher than todays close...

    this junior oiler has a timetable next year bigger than some of these mid sized oilers...
    AWE watch out...

    Artemis 4rd quarter 2010
    Barikewa Appraisal drilling 1st quarter 2011
    Wortel development drilling 2nd quarter 2011
    Probably Te Kiri exploration drilling 2nd quarter 2011
    Caterina small window late This year, but in all likelihood mid 2011
    Matariki lower risk exploration probably 4th quarter 2011
    other leads... Pike...

    NZ, WA Seismic ongoing
    Bass Basin farmout maybe

    page 31 of preso flat lining productions...
    ...

    Well I tell you all, CUE wont be sitting on this cash, they will be pumping it back into the business,
    We have extreme chances of replicating something bigger than Maari before we run out of money...

    Ive been searching near 7 years for this sort of stuff...
    We have had bad luck with the exploration drilling so far, but CUE has remained strong and able to brush off failure and still online to continue rolling out exploration targets to get us to a one billion cap...
    its not if, its when...
    This is special...

    Phaedrus tells me that CUE has long term resistance at 29cents, so a big week ahead me thinks...

    what a great week for the faithful,
    Im really excited about it all...
    its been a long time coming...

    heres phaedrus's chart...


    30cents here we come, yeah harrgghh..... runnnr ruunnnmnmm ruunnnnrnnrnnn
    lata


    .^sc
 
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