re: Ann: Quarterly Report for Period Ended 30... Rose looks promising - if we can get drilling early 2010 - interest will spike.
EG Albers has resigned - coincidently at a similar time that he is taking all CUE's IP across to OXX by aquiring fields in Teranaki.
$12.2 million revenue
CUE usually has 25% production cost
So,
$9 million profit ($36 million p.a.)
with more to kick in from NZ and Indonesia
not bad for market cap of around $170million
re: Ann: Quarterly Report for Period Ended 30... Rose looks...
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