CUE 5.00% 10.5¢ cue energy resources limited

hypothetical calculations on jeruk 2, page-18

  1. 3,353 Posts.
    that's fine, happy to knock it about. But they certainly ain't got $24M and there ain't no-one who is going to give them $24M in advance 'out of production income' (whatever that means - try taking yourself down to the bank and trying that line on and see them laugh at you)

    I am sorry to appear harsh, but I think there are some unrealistic expectations in the market at present, and when they are not met there is going to be tears before bedtime for sure.

    I still think they are undervalued all the same.
 
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