CUE 13.4% 11.0¢ cue energy resources limited

Ann: HZN: MAARI M2A , page-2

  1. 13,969 Posts.
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    Looks good, more than half expected though.

    I guess it's roughly worth about 0.5 mmbo to CUE, with very low incremental costs, therefore a high NPV/bbl.

    Every drop helps, my guess is it's worth 2 to 3 cps to us, mostly already factored in. Maybe the news should be worth 0.5 cps in derisking?

    EL
 
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