CTP 0.00% 5.3¢ central petroleum limited

seperate listing of coal assets, page-33

  1. 1,140 Posts.
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    you way has been the way for the past 12 months and clearly has produced zero results?!?

    The company states...Central’s extensive coal discoveries in the Pedirka Basin have the potential to be highly
    valuable; however, the market currently assigns little value to them.

    So the list separately has merit as a new strategy worth considering. Not simply to be discounted because this board has uttered the words.

    I state again the rationale being a separate entity would bring focus to the coal, hence more attention from the market, and a greater value.

    I dont say its the best idea since sliced bread, but i don't discount it outright because I may/may not think the current board are clowns.

    Now for your feedback on "It would be far better to farm out and JV the Coal, and let the Farmin JV partner pay for all up to a JORC, that would probably prove up the coal in value and then the market could imput the value to the balance of the Coal ." Why? It hasnt worked to date, whats going to change?

    The 3P policy seems to getting more traction the more posts i read you lot!

    Cheers, vaga
 
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