Hey entropylord. I know you are a CUE holder and that I should ask this question on the CUE thread, but every time I go to post it over there and read some peoples post, and think stuff it. The amount of people over there that WANT WA 360 to be a duster is unbelieverble. Does it Escape them that this will make their company and smash it out of it's trading range. (Shaking my head in Disbelief)
Anyway, I like your posts and you have one of the most balanced veiws on the CUE thread so I will ask you. Hope the MEOites don't mind.
This relates to CUE's share of the gas. MEO said it picked Petrobras because of it's Independents from the other gas players in there area.
Could the fact that CUE will not sign on to the LNG plant be because the partner they are in talks with for their farm out, have/or will have a LNG plant in the area.
What plants are or will be close and who are they. Wood side is a bit far away me thinks. I know this is a bit touchie for the CUEers but is Petrochina got anything planned with someone in the area.
The brain trust here had Petrobras picked 3 months ago by chasing down just such leads.(Doctor, You changed you mind at the last minute on that one. Suppose being right 99.9% not bad.lol)
Could be a starting point for some leads.
MEO Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held