Yes just how many million have been pumped into discovering water we will find out soon enough ... No DINGO deep.. No PV DEEP .. the two best short term exploration targets CUE had interests in ... $40mill on NZO/CUEs TAB for CTP to burn through... I wonder how much of that is left??
wonder how long to make that back from Gas sales >> Nothing else on CUE's horizon to really spark the SP ...all very minor interests (esp after local GOVT take their 50% cut!!) ,, years away from much more production more CAPEX needed .. certainly zero chance of Dividend ..
best us CUE holders can hope is OG Energy will put S/H out of their misery ..
Ann: CTP: Palm Valley 12 Drilling Update, page-11
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