CTP central petroleum limited
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Ann: Drilling Program Revised to Focus on Near-Term Production, page-10

  1. Sharetrader78
    14,406 Posts.
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    12/07/22
    19:19
    Post #: 62501987
    So you think the whole deep gas plan was a sales ploy by CTP to get NZO/CUE into the 50% purchase + funding deal? talking up the PJ resource potential.of the deeps... but now too costly to drill and not worth the risk(with record high Gas prices!!) ... maybe NZO kicking up a stink on slow and high operational costs to date..

    now we see a different tack to use NZO/CUE agreed funds towards other smaller targets >>

    So this sales presentation was pure hyped up deep target >>

    https://hotcopper.com.au/data/attachments/4501/4501086-73862c3efbf87e5dff903564b9fd8186.jpg

    And now we have the truth >>>

    https://hotcopper.com.au/data/attachments/4501/4501089-dd460dbcd35909f42db5249d7e9811d1.jpg

    CTP Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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