CUE
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1.04% 9.5¢ cue energy resources limited

Thanks SC.I am disappointed to hear that Matariki may not shape...

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    256 Posts.
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    24/10/11
    16:17
    Post #: 9182819
    Thanks SC.

    I am disappointed to hear that Matariki may not shape up to be what we all hoped. Though I wouldn't write it totally off.

    There are still a few other projects kicking around:
    - Wortel gas coming online
    - Indo drilling
    - Caterina next year will get the market's attention
    - Possible drilling with Apache too
    - Cash accumulation
    - Maari production improvement
    - More farm-ins???

    Not bad for a $150m market cap, considering $50-60m is cash.

    Looking forward to the quarterly report for more clarity.
    CUE Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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