Ann: NZO: MAHATO PSC APPROVAL OF NEW OIL DEVELOPMENT WELLS, page-14

Selling down CUE shares and buying NZO shares would transfer holders directly into the head share at a decent entry point. Giving exposure to the Perth Basin while still owning the Indo cashflows. Just an option to consider if there is any frustration around the current CUE structure.

Now that management have signalled dividends, then there is a question mark around whether CUE will ever drill in Australia again and become an Indo only prospect with regards to future drilling.

Who knows, we are all at the mercy of the controlling shareholder.