Bought some of these today, based on value current pe 3-4...
Printable View
Bought some of these today, based on value current pe 3-4...
Is anyone else holding? This is my way of getting exposure to the current oil price environment.
Indirectly thru NZO. Sanctions on Russia are a turbo charge on a sure to rise oil price for some time yet.
YES ..CUE is a STRONG BUY I've been buying more of late hit 2.3mill shares other day ...if the SP doesn't move above 10c I'll keep buying when funds become available.. a great diverse energy play thats trading on forward P/E -1-2 ... if Only NZO didn't have 50.4% control would have been on the shopping list of another O&G player
Can someone explain why today update for was PB09 was 5500bpd vs the earlier PB08 addition at 5600bpd. Shouldn't it be an increase rather than decrease/about the same.
4 more production wells to come from current program on the PB field .
Is the expectation for a total of around 8000 bpd equating to 1000bpd for Cue at just under Brent prices ?
Say $30m US pa
Amadeus is going well and Gas prices very high
Will they need to borrow for amadeus or is current production able to fund exploration and development?
Maybe natural decline in some early wells ..?
$10,300,000.00 in 3 months.
$858,333.33 a week.
$122,619.04 a day.
And this last Qty they didn't receive "Mahato" OIL income till APL ... so I'd expect 15mill EBIT income this Qty results due JUL
I'm adding to my position as I can't see this $35mill EV lasting for much longer ... 1mill+ Bid @ 7.5c waiting to be filled while there is still some FEAR in the marketplace ... (Will take me to a tidy 3.63mill shares)
Good on you! And good luck Mr Murc.