Originally posted by psi81:
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I think the (hopefully imminent) failure of Blacktip plus a solid quarter showing the current economics of the latest gas contracts would see us head back towards double digits, yeah. But I agree, predicting SP timeframes is a mug's game, all you can do is estimate a fair value and be confident the market will realise that value eventually. Short term voting machine, long term weighing machine.
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Ech has signalled it's future intentions by purchasing it's own ready to drill dirt.
There is no reason they would not be happy with there all up 50 percent share of the Meerinee production.
CUE is going great guns, the PB drill with TEG is ready to go, and the NZ operations are BAU.
ECH is a far better value for money and safer investment that CUE in my opinion.
