CUE 0.00% 10.5¢ cue energy resources limited

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  1. 13,963 Posts.
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    Hi Folks,

    Highlights for me were:

    1). We're a cash machine. Operational cashflow $5.0 mm, after E&D of $4.8mm. That included no Oyong gas and Maari at about half nameplate. [A cash build over $10mm looks feasible to me this Q].
    2). Our prospect in WA-389-P (100% CUE) now has a name, Caterina, and were are talking a mid case recoverable of 4tcf.
    3) M2A to produce in Dec, Manaia in first Q 010.

    EL
 
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