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CUE 6.0¢

hubble bubble toil and trouble

  1. Starting to show some life, but with no news. Interesting. Patience is the key

    And it is the Santos earnings gap in 2005 driving the Oyong gas project to early developemnt that could really come through for Cue. If they are seen to delay this project in any way, Santos may be forced to buy their stake to hurry it along, or even take them over (a scenario which a few months ago I thought to be unlikely. Or if Cue raised project finance, and kept its equity in the project, also a win.

    Time will tell, but the clock is definitely ticking for Santos.

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