CUE-> Pantheon of small oil stocks

[clifton]

These are relatively low risk wells (for the oil industry) as close to pre existing discoveries or evaluating discoveries already made (one of the outcomes for the Indonesian well). More downside risk than upside.

[bung5]

These are relatively low risk wells (for the oil industry) as close to pre existing discoveries or evaluating discoveries already made (one of the outcomes for the Indonesian well). More downside risk than upside.

The Indonesian well should have big upside. When they first drilled it and it was flaring and thought to be a successful well the SP went up from around 22c to 31c . Cue's interest 40% but with the Indonesian governments take quite high is probably realistic to a 20% interest in a NZ or AUS well.

[psychic]

Something up with CUE?

Edit: Apparently not. Back to the slow drift down. Uggh

[troyvdh]

Volumn is building.Just saying is all.
Hold120k

[PLYNCH]

I see they CUE are no longer listed in New Zealand.

[p2r]

Annual report posted, no movement...notice zeta wants a directorship and SP goes up 5% against the tide!

[bung5]

Annual report posted, no movement...notice zeta wants a directorship and SP goes up 5% against the tide!

looks like zeta were making a hint at a merger or asset purchase with NZO or PPP

[troyvdh]

Thus far the "market" thinks that 10 cents is to cheap....good.

[Moosie]

Thus far the "market" thinks that 10 cents is to cheap....good.

Agreed, some may be able to get a better deal on market than 10 cents. Every increment upwards is 5%, so not insignificant. However, I'd definitely be looking to bail niw that NZO is taking over; wealth destruction entity at its best!

[troyvdh]

Moosie ...I have just tried to send a PVTE message through...but unable to ...is that Banned thingy an issue ...cheers