CUE 0.00% 9.7¢ cue energy resources limited

Ann: FY22 Full Year Results, page-15

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  1. 13,217 Posts.
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    No completely out now ..should never have purchased as much as I did ..become my largest holding ...then over constant developments last 2-3yrs.... and in speaking with CUE MD .. I just don't see the ROI ... the deep drills had potential ...but now out of the picture ...I don't see CUEs best project Mahato 12.5% less 50% INDO govt royalty .doing all that much for the growth in SP

    I personally don't think the bigger end of town Insto/sohps even large retailers will be lining up to soak up many Millions of CUE shares on the factors at play ... NZO 50.1% controlling stake ...OG Energy in no hurry or want to T/O NZO/CUE , No major project interests in the near future to drive much higher market interest....

    I wouldn't be surprised 12months from now if CUE isn't still around 6-8c price range still looking for the next project

    As you say Mitch If CUE acquire new production opportunities thats a positive .. in talking with Matt he did state how hard it is to find decent lower risk farm-ins projects in the Australasia focus area .. as we know its not going be CUE MD making the decision's ... But NZO/OG on any new projects.. .. O&G at record highs going be tough to get anything cheap

    Last edited by Sharetrader78: 26/08/22
 
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9.9¢ 9.9¢ 9.7¢ $10.86K 111.3K

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No. Vol. Price($)
1 2162 9.7¢
 

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Price($) Vol. No.
9.9¢ 64604 1
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