CUE 0.00% 10.5¢ cue energy resources limited

looks like sp drivers are returning to normal , page-14

  1. 6,029 Posts.
    Love - thanks for your response

    Probably close to you except for a couple of points

    My thought was these Chinese , but I dont think they outbidded. Possibly the WPL/Chev pulled out leaving MEO to research the other parties before accepting

    If it was an outbid , i would say you are absolutly right in that it involves Tassie - Ie For MEO to walk away from WPL /Chev it would have had to be something special

    If so possible CUE impacts

    1. If it was a secondary bidder due to lack of interest - Probably devistating to MEO SP , but little impact on CUE

    2. If it is an Asian bidder that has links or beneficial interest linked to Cue's interest - could be very nice in deed

    3. If it was point 2. a couple of things could happpen -

    Cues gets acces to additional JV's in other regions
    or
    Cues interest gets bought out , freeing up capital for Caterina etc
    or
    New Asian partner grabs Caterina and or the Artemis interest as a package deal


 
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