mgc,
For a trader or an investor, reading posts with some negative sentiment is at least as beneficial as reading positive ramping - in fact I'd say a lot healthier.
Although I can now see some (indirect) negative implications for CUE, on the whole CUE is still a very good investment imho. I guess I see CUE's value about 50% NZ, 25% Australia and 25% PNG/Indonesia.
Of that Australian 25% indirectly impacted, through the increased funding cost (due to sovereign risk) of any development, the potential reward is huge and at this stage the geological risks far outweigh. Also it is fair to say that the adverse impact (even if only delays) on the csg industry gives WA LNG a huge competitive boost. On balance hard imho to see the negatives as more than a cps or so, even if that.
CUE like any diversified enterprise has the huge opportunity to reprioritise it's expenditure away from such risks anyway.
EL
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11 | 781953 | 0.100 |
1 | 2 | 0.098 |
1 | 103000 | 0.097 |
1 | 18000 | 0.096 |
Price($) | Vol. | No. |
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0.110 | 759708 | 14 |
0.115 | 300000 | 2 |
0.120 | 440500 | 4 |
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0.130 | 350000 | 1 |
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