CUE 5.00% 10.5¢ cue energy resources limited

this is huge. 35000 barrels oil per day., page-27

  1. 9,220 Posts.
    lightbulb Created with Sketch. 740
    if money is needed everyone elses shareholding will be diluted who doesnt participate. That us debt isnt looking good and the fact that every one here is over looking is tui came online and got US$148 oil and the jv parners now have hordes of cash. CUE and HZN need cash and both are in need of additional funds. In saying this hzn looks alot worse off than cue in the debt position. If this financial situation gets any worse these 2 oilers will get hammered further though i must admit i do have an entry price if they get cheap enough.
 
watchlist Created with Sketch. Add CUE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.