COE 0.83% 60.0¢ cooper energy limited

copper energy >> promising drilling, page-5

  1. 1,747 Posts.
    Where as COE is a safe bet, CUE is a little more risky but the rewards promised in CUE are far higher.CUE now have about 40 cents per share worth of oil and gas in the ground and just need to tidy up a few financing arrangements to start flying.

    Personally, I wouldn't be surprised to see CUE looking at $1.00 in 12 months.

    I think the Indonesian risk factor is already dropping away. At least they have brought justice to the Bali situation where we, who can't understand their system, haven't yet solved the Hilton bombing. We have a lot to learn.

    Indonesia want capital and expertise and are modernising their system to fit.

    CUE and it's partner, Santos, are in the right place at the right time. This frontier is opening now.

    Regards M.
 
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