Interesting TJ,
soooo the recent result from cue showing a 40% lift in production revenue yoy hasn't restored any of your confidence?
I'm of the opinion the recent cue purchase has been pretty well done, yes a premium has been paid and timing could have been six-twelve months better.
Its a hard one to judge, no one knows how long downward pressure on oil prices will last, spend too much cash now and suffer the consequences later.