Ann: WA-360-P activity update , page-55

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  1. 206 Posts.
    "CUE management is supposed to maximise value for CUE SP not MEO SP."

    Absolute truth.

    However I'm somewhat confused by some claims that CUE management are so wisely capable to protect shareholder value on the prospective project that they blindly accept decisions without an explanation from their company. I'd remind it was CUE who farmed out their majority stake in Artemis 25/10/07 in the first place for the cost of a drill drop.

    I wonder how many CUE holders in hindsight are now unhappy with that decision.. blind faith in a companies management is not wise in my experience when talking long term projects.

    I hope the impasse can be resolved amicably, it's in everyone's best interests long term IMO.

    Good luck to CUEites.
 
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