** cue ready to explode***, page-11

re: chairmans address The chairman's address looks pretty good to me. Finance offered and being considered and the future equity raisings appear to be referring to growing the company by aquisition, not Oyong.

I have said earlier, that the operator normally arranges a finance package for the complete development and the minor parties sign the guarantees etc. I think that Santos have enough clout to finance this one and CUE will get the benefit.

Since CUE are also on the aquisition trail, this could be an interesting year. Here comes my BMW.