Yeah mate, I just hope Eyal Ofer keeps you on side so that you don't use your block of shares to veto his exploration plans :laugh:
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Pleasing results from Cue.
http://www.cuenrg.com.au/irm/PDF/242...ndAnnualReport
From the ODT:
https://www.odt.co.nz/business/nzog-...ncial-year-98m
Unusual trading volume yesterday. Approx 250,000 shares traded before the NZX **** itself.
Payment for our small remaining parcel of shares that was being sold by the company has come through today, so I guess everyone that was having their small-holding mopped up should be sorted too.
http://nzx-prod-s7fsd7f98s.s3-websit...029/286949.pdf
I can only assume the final settlement price for the part-paid shares was higher than the current depressed share price. In which case it would make sense to surrender the part-paid shares (and rather buy shares on market for a cheaper price).
Ideally we want senior leadership to own a significant stake in the company to ensure their interests align with company owners. Will be interesting when the full annual report is released to see how many fully paid shares (if any) are owned by management.
https://www.stuff.co.nz/business/107...ng-exploration
Possible breathing room for existing permit holders. Certainly would be helpful to NZOG if a suitable farm-in partner is not secured by early 2019.
A successful drill in Barque would be instrumental in helping the Government achieve its aims of transitioning away from fossil fuel. You'd think they would be bending over backwards to help NZOG offer all of the right assurances etc to potential partners. Alas, this does not seem to be the case as they continue steamroll through with their misguided agenda.
Exciting to see a new drill in taranaki started yesterday.
Just back from europe so a bit out of touch but good to see without knowing details.