I think these agreements with positive news for Paus biru should...

I think these agreements with positive news for Paus biru should push the share price above 10 cents. 15 cents + isn't an unreasonable valuation for this company looking at the fundamentals.

As it stands the company is valued at $30-40mill EV producing ~15 mill EBITDA, with Paus Biru and Ironbark upsides.

New management have cut costs and righted the ship. All players in this deal, minus BP have ties to Singapore oil and gas so it looks like a stable partnership.

Its interesting NZOG are funding through this manner when all talk previously was that they would just buy the company out. What does that mean for the longer term?

Will have to wait  and see what next week brings and if CUE will finally get the investor attention it deserves.