Originally Posted by
mistaTea
The ideal scenario for shareholders is definitely for Management to deploy the capital into income generating assets. If they genuinely can't invest the dosh we have (and borrow the shortfall) to invest in a large production asset, then they could look at either purchasing the rest of Cue or merging Cue and NZO.
Second option would be better as you would immediately make large savings by sacking the NZO board, the CEO, the lawyer etc etc and using what Cue already have in place. A fellow shareholder mentioned this possibility to me (the guy is pretty switched on)...have Cue do a reverse takeover of NZO. Then we just end up with a larger Cue that is only listed on the ASX. No problem working with the Aussie government on Energy Supply and the larger Cue would have no issues borrowing money for future projects.
There are plenty of things they could do with the money - and of course we can't trust a thing they say anymore. So when they tell us it has not been possible to do anything with the money we need to take it with a very large bucket of salt.
However, if I am wrong and investing the tens of millions of dollars is genuinely not possible - then give us our money back so we can find other investments to increase our return.