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0.00% 9.9¢ cue energy resources limited

The Maari phase 2 development costs will be included in the...

  1. colinm_au
    57 Posts.
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    24/02/14
    03:35
    Post #: 12974526
    The Maari phase 2 development costs will be included in the current liabilities as the company had committed to this expenditure. With fixed overheads (FPSO & tanker), the economics of Maari will change significantly with increased production.

    I hate to see lazy money sitting rotting away in cash, it makes a company a takeover target.

    With plenty of prospects in NZ, NWS, Indonesia and development of discoveries in PNG ... That cash should be working harder

    Just waiting for some wolf to come along !

    CUE Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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