CUE 4.76% 10.0¢ cue energy resources limited

That is correct $28 is killing prices and winter just started in...

  1. 906 Posts.
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    That is correct $28 is killing prices and winter just started in OZ. Based on company's recent presentation avg. prices for Gas is around $8.36, but if they are getting anywhere close to $20 then it is making some good margin, but hard to work out as no where in the presentation company said what is actual avg. cost for production !

    Even the oil prices are avg around $68.37 USD but currently Brent is above $80usd so there will be big margin to make on that as well, but again company don't disclose their average production cost.

    https://hotcopper.com.au/data/attachments/6263/6263265-0f9d176d1acb600cd0b435ae415e8f53.jpg
    https://hotcopper.com.au/data/attachments/6263/6263280-bd17c233437fd910f683f8a5848e3437.jpg

 
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