CTP 3.85% 5.4¢ central petroleum limited

Ann: Dukas exploration program update, page-27

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  1. 71 Posts.
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    Completely agree with all points, the pace at which this companies achieves anything is mind numbingly slow.

    Especially compared to other small gas company's I have shares in that have been drilling and completing other field works even during the last few months plus they have raised funds in this time and are forging ahead with more drilling in the next few weeks and months.

    I'd also say so much potential and so little promotion. This company has a large number of potential PJs in the ground (Range, 2020 Exploration & Dukas) and its almost as if they don't want anyone to know about. Range is virtually money in the bank, if you believe what management have told us, but you wouldn't know it from the lack of promotion by the company.

    Small caps need entrepreneurial hustle and bustle, but we have sleepy Wrix holed up overseas, so yeah what can we expect.

 
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