Cue Energy Share Discussion Threads

[run rabbit] 01/5/2008 21:09

Oreion has exclusive worldwide rights to licence advanced direct hydrogen fuel cell and PEM electrolyser technologies licensed from Australia's national science organisation and largest scientific enterprise, CSIRO.

The Company is developing the direct hydrogen fuel cell technology as a viable replacement for batteries currently used to power small scale electronic devices, such as mobile phones and laptops, needing power sources of less than 500W. It aims to advance this technology to provide a commercial solution to the power capacity and life expectancy constraints that apply to current battery technology for such devices. This technology will be sub-licenced to strategic partners active in the battery industry and in the manufacture of small electronic devices.

The Company also aims to develop derivative technology from the PEM electrolyser to exploit additional markets. One such market already identified is the application of a portable PEM electrolyser to generate oxygen for medical uses at home and in remote areas such as field hospitals lacking access to existing sources of oxygen supply.

[run rabbit] 01/5/2008 21:05

CUE Energy has just purchased Oreion Australia a leading company in the next generation of fuel cells and fuel cell testing technology.

[run rabbit] 01/5/2008 14:51

A link to Oreion

[peter peters] 01/5/2008 12:18

Growing ?

LOL!

[run rabbit] 01/5/2008 11:22

Well a very good price to get into a growing fuel cell company.

www.cueenergy.co.uk

[run rabbit] 01/5/2008 11:19

By virtue of the Commercialisation Agreements, Oreion intends to become a
leading enabler of fuel cell technology, generating revenues through the
sub-licensing of the PEM Technology for the development, manufacture and sale of
fuel cell test stations and PEM electrolysers, and subsequently through the
technology development of direct hydrogen micro fuel cell products and the
licensing of related fuel cell technology. Under the Commercialisation
Agreements, Oreion will, under certain terms and conditions, have an exclusive
worldwide licence over certain advanced technology as well as access to a highly
experienced technical team.

[run rabbit] 01/5/2008 11:18

The Company will issue 50,000,000 new ordinary shares at an issue price of 2p to
the shareholders of Oreion (the "Consideration Shares") in consideration for the
Acquisition. The Consideration Shares will represent approximately 18% of the
total issued enlarged share capital of the Company. At the issue price, the
value of the Consideration Shares is £1,000,000. Approval will be sought from
Shareholders in a general meeting to effect the Acquisition. Trading in the
Company's ordinary shares on AIM has been restored with effect from today as the
Acquisition is not classified as a reverse takeover under the AIM Rules.

[run rabbit] 01/5/2008 10:04

Picked a few of these up this morning as online prices were pretty good at .253 for upto 500K. I now notice after the two buys that they are now offering .29 for the same size so hopefully primed to move higher.

[ramellous] 30/4/2008 14:44

I'm not going to bother but I bet if you talk to Cornhill they will tell you how great this dog is. Cornhill wideboys strike again..

[ramellous] 30/4/2008 14:41

Could be a cheap way for a proper co to get a listing.

[double6] 30/4/2008 12:56

Sinking lower and lower - any thoughts ??

[withoutt] 13/3/2008 15:08

Has the deal been done yet.

[chopsy] 25/2/2008 17:34

I don't suppose this has anything to do with Cue Energy Resources Ltd (ASX:CUE), has it?

[superdonkey] 21/2/2008 15:39

All seems a bit odd. In Dec they stated they wasn't going to buy Oreion, and now they have. Also, non executive director resigned early Feb??? All a bit fishy - anyone know anything more? Quoting 1.25p for 100k sale - very illiquid.

[beaufort1] 21/2/2008 15:15

Well, well, back from the dead. And amazingly, the price goes up...

[superdonkey] 27/11/2007 11:37

Don't know vik422; maybe it is having trouble raising the finance it requires for the takeover.

[vik422] 27/11/2007 11:33

nybody know what happening with cue in terms of reverse takeover ?

[superdonkey] 28/9/2007 16:35

Life in this old dog yet?



Cue Energy suspends shares; in talks to buy Oreion for possible reverse takeover


LONDON (Thomson Financial) - Cue Energy PLC said its shares have been
temporarily suspended at its request, while it is in talks regarding the
acquisition of Oreion Australia Energy Pty Ltd, which, if completed, will be a
reverse takeover.
The company said it has entered into an agreement with Oreion to provide
funding for the commercialisation of an advanced micro fuel cell technology
developed by CSIRO, the Australian government's leading technology research
organisation.
Cue said it has produced a business plan for the development of this fuel
cell technology, which its directors believe has the potential to provide an
alternative to lithium-ion batteries for portable electronic devices, such as
mobile phones and laptop computers.
Cue said it will second from CSIRO its highly experienced technical team to
continue the technology development and will continue to have access to CSIRO's
extensive facilities, specialised equipment and expertise.
Cue said it is in ongoing talks, and plans to raise financing through an
equity issue in excess of the current market capitalisation of the company.

[roodboy] 29/5/2007 10:37

Its a cash shell!! there are many on AIM ...

[insectivore] 22/5/2007 22:43

Just come across this share and was curious if anyone out there knows how a company with no apparent means of support - no assets, virtually no management - can have been admitted to AIM, let alone secured funding.

No news since float aside from the GTL deal above - just what is the game plan?

[ramellous] 27/2/2007 07:34

Why the rise yesterday?

[din007] 03/1/2007 09:17

Cue Energy Loan Facility
RNS Number:8917O
03 January 2007

Facility Agreement - GTL Corporation Pty Ltd

The Board of Cue Energy plc announces that on 2 January 2007 they entered into a
facility agreement with GTL Corporation Pty Ltd ("GTL") to provide funding for
the evaluation and exploitation of Polymer Electrolyte Membrane (PEM) Technology
for fuel cells and electrolysers, as contemplated under GTL's commercialisation
agreement with the Commonwealth Scientific and Industrial Research Organisation
of Australia ("CSIRO").

Under the terms of the facility agreement, funds provided will be used to
advance PEM Technology, file patent applications to protect the intellectual
property and commence the commercialisation planning of various applications.

The Company has agreed to provide a short term drawdown facility to GTL in
#50,000 tranches of up to #500,000, bearing interest of 9% accrued daily.

The facility agreement also provides for the conversion of the total balance
outstanding under the facility, into equity in GTL at a rate of 1% for each
#50,000 of the outstanding balance.

[beaufort1] 20/11/2006 17:33

Interesting - I heard from Cornhill that there was a company briefing coming up soon.

[roodboy] 20/11/2006 16:03

first share price movement since listing - UBS have a 5% stake - something brewing ?

[Abuse team] 13/11/2006 12:29

Post removed by ADVFN