I am being told early in the new year we will see CUE's quarterly activity statement and cash flow report hopefully achieves another record revenues in Dec Quarter. As I posted earlier Cue is very confident of finding a partner for WA389 announced earlier in Sep 09. This will be a big industry player, our mates, Meo can basically stop dreaming having this one. The farm-out agreement is expected to be finalized by 26-Feb 2010*. They tend to bang the drum now - 'new approach'- rarely see this happen in Cue . Expect Cue start with a range of road shows of selling the company to brokers and financial institutions in Jan/Feb 2010. Your money should be safe with CUE as such campaign normally lead to an improvement in the share price and liquidity.
But this is only my opinion.
Seasons greetings everyone & have a safe Holiday
CUE Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
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