Well with the Dec qtr now closed and due to be released at the end of the month, I thought I would take a stab at how we may fare. There are still a few unknown quantities due to Oyong Gas revenue being uncertain as well ongoing development affecting Maari production rates.
I expect it should be a very good report though.
Last qurter saw revenue of $12.2m. I would assume we could see around $19-$20m for the latest Dec qtr. With $22-$23m possible the following qtr depending on POO & AUD$.
Development/Production costs should be around $9m for the Dec qtr, but reduce substantially the following.
This would leave cash of $28m (debt $22m) at Dec qtr and perhaps see positive cash flow of $15-$16m being generated the following qtr.
Looking forward to a reserve upgrade announcement in the coming weeks as well to instigate a positive rerating. Production flow rates from Manaia are due in January, which will allow reserve calculation to be completed.
Oh, and the current market cap is $160m.
Get in the CUE!
As always do your own research.
P.S Shrewd Crude, your 1/3 will be worth the 2/3 you are selling soon enough : -)
- Forums
- ASX - By Stock
- CUE
- quarterly projections
quarterly projections
Featured News
Add CUE (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $68.47M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.7¢ | $26.71K | 271.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11512 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 142143 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11512 | 0.098 |
3 | 187635 | 0.097 |
2 | 20881 | 0.096 |
3 | 76411 | 0.095 |
1 | 32967 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 142143 | 1 |
0.105 | 286999 | 4 |
0.110 | 559069 | 8 |
0.115 | 727000 | 1 |
0.120 | 247429 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
CUE (ASX) Chart |