CTP 2.04% 4.8¢ central petroleum limited

Ooraminna Retention Licence, page-47

  1. 6,295 Posts.
    lightbulb Created with Sketch. 2501
    There is no significant retrofitting required, they just need a condenser to strip the ethane out and it's a bolt-on into the existing gas processing stream. It's extremely irresponsible of you to throw around numbers like $300M - that is the cost for a brand new gas processing plant.

    Slide 12 of this Honeywell presentation states a capital cost for cryogenic ethane stripper capable of 200 MMscfd is US$20M - these units are modular and pre-fabricated and delivered to site by truck, hardly "significant retrofitting." CTP would only need a maximum of 60 MMscfd. I have no idea how much it would cost in an Australian context but $20M is a more realistic guideline than $150-200M as you are claiming.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
-0.001(2.04%)
Mkt cap ! $35.52M
Open High Low Value Volume
4.9¢ 4.9¢ 4.8¢ $20.75K 426.2K

Buyers (Bids)

No. Vol. Price($)
3 1105823 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 75108 2
View Market Depth
Last trade - 13.07pm 22/07/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.