CTP 5.45% 5.2¢ central petroleum limited

... and the wall crumbles !, page-51

  1. 337 Posts.
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    exactly how is CP going to bring cash?

    he hasn't yet brought a dime to CTP. All of his share purchases were on market meaning zero dollars have gone into CTP accounts to help with paying for any of the operations.

    He also wanted to purchase shares at a 1.5c discount to what the placements were made at earlier this year meaning that we would have had LESS money than we do now with further dilution.

    Everyone keeps saying CP will bring cash.... but how exactly do you expect him to do that.

    FREE RIGS FOR ALL.... yeah right. You don't want CP providing cash. it will come with much more of a cost than anything else. What we want is to leverage our income from Surprise to be able to take out loans in order to pay for drilling / other expenses. This allows us to grow without diluting the share price. CP offers nothing but unsubstantiated promises.

 
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