CUE-> Pantheon of small oil stocks

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Originally Posted by JBmurc

Well they should have been then all would have been better off than present disdain the market gives to the two companies

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Market perception is not what ogog are about.
Just wait for the dividends-ogog are financially prudent but do not leave money idle.
With current and futures natural gas prices and legacy contracts expiring expect to see a massive increase in income and dividends quickly following.
We will then also see the sp more than double-estimate 2 years if the market fails to anticipate before

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Originally Posted by fish

Market perception is not what ogog are about.
Just wait for the dividends-ogog are financially prudent but do not leave money idle.
With current and futures natural gas prices and legacy contracts expiring expect to see a massive increase in income and dividends quickly following.
We will then also see the sp more than double-estimate 2 years if the market fails to anticipate before

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I would love to see CUE move towards a solid Yield return to S/H's 5%+pa .... but last time I talked with "Matt Boyall" the focus was in funding the many projects CAPEX/OPEX demands which were looking so high as to having to borrow 7mill off NZO .. "Paus Biru" if going ahead will take up to 2yrs to see any cashflows.

--Jeruk could well be another drain on funds if the JV decide to take it to development stage..

Yes new Gas contracts will add more to the bottomline ... But I wouldn't be surprised if the excess funds aren't just funnelled back into further development costs ...farm ins etc... also both CUE/NZO have a history of sitting on cash ... why would this change?

You seem pretty confident in OG Have you spoken with OGOG directors ? what makes you think they will want NZO/CUE to start to pay Dividends they have been holding controlling stake in NZO for some 5yrs zero talk of becoming a Dividend player..as I explained they could quite easily take 100% control ..but that would then mean OG Energy mgmt would have to be more involved in operations ... From what I heard OG very much like to sit in the back round and don't even take a wage...

I think more so OG Energy see their NZO investment as purely a good place to park capital (like the MEGA rich do with homes all round the world) ...OG Global (owner of OG Energy) I understand is 100% owned by Billionaire "Eyal Ofer" ...
with assets worth north of $16 Billion USD ...

I don't think Eyal Ofer companies with the hundreds of millions in FCF would be sitting around concerned about when NZO was going pay his company some cash ... I think his issues is where to put all the Free cashflows ... a Shipping magnate and we all know how FAT profits have grown in that sector..

OG Energy of course purchased 40% interest in Beach Energy's Victorian Otway assets in May 2019...yet again buying O&G assets but happy to let the locals run the day to day business ...

I hope I'm wrong but I wouldn't be surprised to see NZO / CUE only move up in value few cents from the interest from small time retail punters hoping for much higher SP driven by other punters thinking the same on much higher O&G prices and profits etc (Like I stupidly did) ...

But most investors and esp. traders will give them a wide berth

I guess a development in time when Eyal Children inherit the assets..he has four children .... could be 10yrs++ away though

Quote:

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Originally Posted by fish

Market perception is not what ogog are about.
Just wait for the dividends-ogog are financially prudent but do not leave money idle.
With current and futures natural gas prices and legacy contracts expiring expect to see a massive increase in income and dividends quickly following.
We will then also see the sp more than double-estimate 2 years if the market fails to anticipate before

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If you do want more CUE shares FISH .. I've still got 3.3mill I'll let go for a good price

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Originally Posted by JBmurc

I would love to see CUE move towards a solid Yield return to S/H's 5%+pa .... but last time I talked with "Matt Boyall" the focus was in funding the many projects CAPEX/OPEX demands which were looking so high as to having to borrow 7mill off NZO .. "Paus Biru" if going ahead will take up to 2yrs to see any cashflows.

--Jeruk could well be another drain on funds if the JV decide to take it to development stage..

Yes new Gas contracts will add more to the bottomline ... But I wouldn't be surprised if the excess funds aren't just funnelled back into further development costs ...farm ins etc... also both CUE/NZO have a history of sitting on cash ... why would this change?

You seem pretty confident in OG Have you spoken with OGOG directors ? what makes you think they will want NZO/CUE to start to pay Dividends they have been holding controlling stake in NZO for some 5yrs zero talk of becoming a Dividend player..as I explained they could quite easily take 100% control ..but that would then mean OG Energy mgmt would have to be more involved in operations ... From what I heard OG very much like to sit in the back round and don't even take a wage...

I think more so OG Energy see their NZO investment as purely a good place to park capital (like the MEGA rich do with homes all round the world) ...OG Global (owner of OG Energy) I understand is 100% owned by Billionaire "Eyal Ofer" ...
with assets worth north of $16 Billion USD ...

I don't think Eyal Ofer companies with the hundreds of millions in FCF would be sitting around concerned about when NZO was going pay his company some cash ... I think his issues is where to put all the Free cashflows ... a Shipping magnate and we all know how FAT profits have grown in that sector..

OG Energy of course purchased 40% interest in Beach Energy's Victorian Otway assets in May 2019...yet again buying O&G assets but happy to let the locals run the day to day business ...

I hope I'm wrong but I wouldn't be surprised to see NZO / CUE only move up in value few cents from the interest from small time retail punters hoping for much higher SP driven by other punters thinking the same on much higher O&G prices and profits etc (Like I stupidly did) ...

But most investors and esp. traders will give them a wide berth

I guess a development in time when Eyal Children inherit the assets..he has four children .... could be 10yrs++ away though

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I commend you for starting to do wider research.
Keep an open mind and beware of false lazy assumptions.
Yes my wife and I have had a very useful meeting with AJ and OGOG directors.
IT was very pleasant.
Do not expect any coffee-there are no perks with OGOG-they run a very tight ship.

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Originally Posted by fish

I commend you for starting to do wider research.
Keep an open mind and beware of false lazy assumptions.
Yes my wife and I have had a very useful meeting with AJ and OGOG directors.
IT was very pleasant.
Do not expect any coffee-there are no perks with OGOG-they run a very tight ship.

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And you expect dividends lol 😂

6.3 cents - lowest price since September last year.

Need a good war and a huge increase in oil/gas pricing to spark this thing up.....oh wait :sleep: Hopefully their FY result might help....

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Originally Posted by Sideshow Bob

6.3 cents - lowest price since September last year.

Need a good war and a huge increase in oil/gas pricing to spark this thing up.....oh wait :sleep: Hopefully their FY result might help....

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6.1c soon to go under 6c ? if PV-12 clusterfk results at the shallow depth isn't positive one could see the Buyers run away to the low 5's even though CUE has great Cashflows ...just horror run while AUD O&G prices are still at record high levels ... I so very wish I didn't continue to add to my position over the last couple years .. broke golden rule don't buy more shares than weekly av. volumes

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Originally Posted by JBmurc

6.1c soon to go under 6c ? if PV-12 clusterfk results at the shallow depth isn't positive one could see the Buyers run away to the low 5's even though CUE has great Cashflows ...just horror run while AUD O&G prices are still at record high levels ... I so very wish I didn't continue to add to my position over the last couple years .. broke golden rule don't buy more shares than weekly av. volumes

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You might be happier if you gave up trading shares.
Just buy those that you believe will be good dividend payers such as NZog!

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Originally Posted by fish

You might be happier if you gave up trading shares.
Just buy those that you believe will be good dividend payers such as NZog!

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Know love trading shares ... don't like boring snail pace stocks ...If I was after yield I'd buy another commercial property or fund some peer to peer lending ... not interested in sub 8% yields ... NZO dividends ????

Did have some nibbles on my 6.9c CUE sell order so one positive for my CUE holding reducing ...just over 3mill more to go ..

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Originally Posted by JBmurc

Know love trading shares ... don't like boring snail pace stocks ...If I was after yield I'd buy another commercial property or fund some peer to peer lending ... not interested in sub 8% yields ... NZO dividends ????

Did have some nibbles on my 6.9c CUE sell order so one positive for my CUE holding reducing ...just over 3mill more to go ..

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Another successful mahotu drill announced after you sold-by my rough calculation this field is earning cue $100,000 per day and next drill started so likely to be 200,000 in next 12 months
Natural gas futures really good for imminent Amadeus low gas price contracts to roll off.
I have no intention of selling NZo-they are going to pay dividends-likely starting in approx 12 months imho .
Looks to me that cue sp will incrementally increase as production increases but big increases next year as Amadeus gas sales increase several times in value.