CUE 5.00% 10.5¢ cue energy resources limited

announcment out , page-5

  1. 2,784 Posts.
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    Emu,

    The annoucement states:

    "In our view the proposed amendments disadvantage Cue and its shareholders relativel to the status quo"

    MEO is the one that needs to farmout THEIR interest in Artimis. CUE have a 15% free carried interest on certain terms agreed long ago. If MEO need to move the target to secure a farm in partner then this is MEO's problem. Cue should not be disadvantaged.

    Meo have committed to drilling artimis on terms that CUE has agreed to. FACT.
 
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