CTP central petroleum limited

joint ventures, page-48

  1. 1,396 Posts.
    Rob,
    Re: your statement...

    "Tas....BGC do not have 20% of CTP..The largest shareholding, as far as I am aware is 2.51%..( page 50 of the annual report.)..BGC effectively have a J.V. with CTP that entiles BGC to 20% of the rewards, for 40% of the costs..BGC, currently, do not have/own any shares in CTP..."

    My reply...

    If you had been following my posts you would get a bigger picture.

    Up to means up to!...with "$170 mil further expenditure on their part...they earn a 20% share"!
 
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