ListenUnless you have your facts straight don't say anything...

Listen

Unless you have your facts straight don't say anything like that dumb earlier comment by EL.

According to Cue share register OXX has roughly 43 m shares in Cue. Maybe OXX failed to update the slide at AGM?

Additionally I have seen endless examples of poorly run junior oilers who walk all over their stakeholders and continuously raise cash on good news announcements and generally through so called sophisticated investors.

I believe Cue are a great long term "own the business" investment.

The major shareholders have a history of just getting on with their business. I feel my investment is completely aligned with them in the sense that if and when they need to raise cash we all get to share the benefits of where it is allocated. The recent raising is an example of this. 15c to 28c in 2 weeks.

Who cares what the market thinks of them if you are a long term holder in it for future growth and dividends?

IMO Cues market value is long short of its fair value.

Im in for its diversity and low risk strategy in what is a very high risk place to be. There are fantastic projects coming through the pipelines and shareholders aligned with the long term strategies of the major owners will do very well to be patient.

....Unfortunately for the traders out there - you will have to pick your moments of opportunity carefully and be sure not to miss any of the many upcoming positive announcements over the next 12 months.

If traders or short term holders want to moan about Cue - then you are simply not aligned with their strategy and you have made a mistake in investing with them.

PS PNG XOM/OSH announcement yesterday is great news for this company.