CUE 0.00% 9.9¢ cue energy resources limited

funding position looks healthy see quarterly

  1. 13,976 Posts.
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    Hi Folks,

    CUE's cash position looks pretty healthy to me.

    Still $4.5mm left to draw in the debt facility, plus $10mm cash.

    June Quarter $8.5 budget for E&D.

    March Q $6mm rev, with no contribution from Maari.

    DYO maths, but looking to me like our cash/debt position will be much better at 30 June, and that we are over the CF tight spot (provided Maari keeps delivering of course).

    EL
 
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