CUE 4.76% 10.0¢ cue energy resources limited

It will not be pretty. Most damning is evidence that an expert...

  1. 527 Posts.
    It will not be pretty. Most damning is evidence that an expert contractor quite their job with Pttep because of a persistant and un acceptable culture of cost cutting and risk taking (sound familiar ! note -quoted before the deepwater horizon incident) . Source is quoted as saying they would pay lip service to raised operational safety concerns - then behind closed not follow recommended remedial action.

    Note 1: Pttep linked to spills in Thailand as well.

    Note 2: Martin Ferguson now wanting to introduce offshore standards (read: unionise the entire offshore industry under the cloak of 'safety'and 'standards')

    Note 3: This will have FLNG wrapped up in such knots of compliance that the AWU crane operators will a lifetimes worth of onshore projects and opportunity to strike.

    I dont think resumption of operations is not going to be without a few hurdles.

    cheers
 
watchlist Created with Sketch. Add CUE (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.005(4.76%)
Mkt cap ! $69.83M
Open High Low Value Volume
10.5¢ 10.5¢ 9.8¢ $55.40K 554.1K

Buyers (Bids)

No. Vol. Price($)
1 81693 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 175489 6
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CUE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.