CTP central petroleum limited

reality check, page-50

  1. 1,506 Posts.
    lightbulb Created with Sketch. 52
    Reality check, nice heading.

    -coal, plenty of it.
    -gas i suspect plenty of it.
    -what?s next oil and helium and ill bet my bottom dollar plenty of it.

    -coal found, tagged, awaiting independent evaluation for size, use options, gas saturation.
    -gas found, awaiting completion of 2 other targets, frac pressure, size.

    -Gas-coal
    Central petroleum, accumulate land, drill, sure up reserves, onsell percentage to larger companies for free carry position and i hope and suspect cash.
    -helium same as above maybe.
    -oil find barrel transport create revenue continue to drill 1000s and 1000s of acres in central Australia.
    - Uranium gold silver phosphate geothermal lithium and so on.

    im not sure some understand what this co is about i have always viewed ctp a accumulate drill find and sell co.
    The only resource i see them keeping and producing on there own in the short term is oil and that really depends on the size of resource they find the bigger the size, i suspect they?ll bring someone on board..
    they need to bring a major on board with plenty of cash to help them drill the crap out of there tenements, we kind of had that with bg until things went sour and thankfully so because everything bg is touching at the mo. is turning to crap.
    from my understanding there are others interested just were not willing to discuss until bg was out of the picture and understandably so.
    coal if the independent valuation comes up good what?s stopping ctp from selling 50%-60%-70% TO SOMEONE WHO WANTS IT FOR UCG-MINING-CSG and free carrying the rest.
    Considering what the value would be if results are favorable i don?t think they would have a cash issue ever again.
    the same goes with gas in 02-if frac comes up favorable and or next 2 zones produce more gas with good pressure, give it time and cash wont be a problem.

    Majors need resources my friends and we may very well have what they want and plenty of it.

    Until all results come in we are currently on track i cant see how people can make such wild accusations.

    we have 30+mill in the bank this drill and 2 or3 more to come, coal results and 02 results, what on earth is everybody winging about.
    ctp does not have enough cash to produce all these resources and they know that but cash wont be a problem if they prove up there resources, get it.

    any wiff of good results within the next month on our coal and or gas or a major intrested, than i suspect it would be very difficult to jump back in at these prices.

    anyhow dyor, im no pro.








 
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Last
5.5¢
Change
0.003(5.77%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.4¢ $4.086K 75.54K

Buyers (Bids)

No. Vol. Price($)
1 622641 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 128430 1
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Last trade - 15.44pm 18/07/2025 (20 minute delay) ?
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