CUE 0.00% 10.5¢ cue energy resources limited

re: its a goer! blowing chart away MangroveIf Jeruk is a good'un...

  1. 143 Posts.
    re: its a goer! blowing chart away Mangrove

    If Jeruk is a good'un the sole risk premium for Cue to buy back in might be 5 or 7 times pro-rata well & testing costs. Given it's been a 3 month drill that would be a fair sum. These premiums are usually set pretty high to ensure that JV partners don't get a free ride on someone else's sole risk.

    Well done to you and others for hanging on in Cue waiting for this move. Have to admit I got tired of waiting for news about Oyong and exited a while back at 7c. Bu&&er.
 
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