CTP 1.89% 5.2¢ central petroleum limited

down we gooooooo.....to 7.5c?, page-14

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    We probably will have to wait for O#2 to spud nxt month, hopefully that should restore some balance to their SP.

    Still missing few things with their recent CSG drilling & I am not sure how long will they take for the data 2b analysed in the labs.

    However, with the cash on hand $50.2mil & 605.422mil heads, their value/share is 8.29c/sh (which is where the SP is holding up currently).

    For those attending 2morrow's preso, pls ask JH about:

    1) The progress on the PFS study done by their consultants METTS about their HE transport/mkt'ing et al

    2) what sort of sales agreement does CTP have with HEN should they find HE in Magee-2 ?

    3) How soon are they looking at commercialising O#2?

    4) Current gas market/rates in NT ?

    5) Future infill CSG wells planned within the current acreage.

 
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