could be very cheap

CUE looks very interesting at the moment. The drilling of Jeruk 2 should provide plenty of speculation over the next few weeks. They said it should take 85 days (which seems longer than the investment time frame for many on this board), but the upside looks very significant. STO has already said the field should contain in excess of 170m barrels of recoverable oil, I think the market will start to wonder exactly how big the potential is. In my view CUE looks cheap on their current projects (Oyong, SE Gobe etc) and there is little if anything in the price for Jeruk or the overall Sampang permit, if they end up with 15% of 200 - 400m barrels the stock will take off. I have a fairly large holding on this assumption and fully intend to take up my rights, I was just wondering if I am missing something because it seems way too cheap at a post rights issue market cap of about $130m. I would appreciate any feedback