CTP was one of my top two tips for this block (the other was COI), and I thought IPL was a likely partner - they had already flagged to the media that they were looking to get involved. IPL takes care of the initial funding which is critical.
It's a great result for CTP, but there is a lot of work to do yet. It's a tricky part of the Walloons Fairway geologically and it's a stranded block, so they will probably need to negotiate a deal with one of the other players. The block is too small to really justify standalone development.
CTP was one of my top two tips for this block (the other was...
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Last
6.8¢ |
Change
-0.002(2.86%) |
Mkt cap ! $50.33M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.8¢ | 6.8¢ | $816 | 12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110600 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 1000463 | 3 |
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| Last trade - 11.01am 22/05/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
-0.002 ( 1.45 %) |
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| Open | High | Low | Volume | ||
| 6.8¢ | 6.8¢ | 6.8¢ | 16048 | ||
| Last updated 13.27pm 22/05/2024 ? | |||||
| CTP (ASX) Chart |