disagree
Mahato is a side show...the money coming in is for exposure to Ironbark. CUE will be > 25c pre drill and you could easily justify a 30c share price. Mahato is a nice to have but nobody is talking about the commercialisation of Paus Biru-1 via the existing Oyong facilities. That field is why CUE is such a cash machine now. More low cost production will equal more cash. More catalyst than you can poke a stick at...so 13c is just a dream.
16c will feel like a great entry in around 3 months time.
Ann: Mahato Exploration Update, page-21
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $73.36M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $9.25K | 90.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 219063 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 150988 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CUE (ASX) Chart |