CTP 7.69% 4.8¢ central petroleum limited

central petroleum spuds johnson west 1 well, page-12

  1. 1,090 Posts.
    lightbulb Created with Sketch. 163
    I have seen people say why waist millions on coal with another 4 wells but no one has looked at the type of well that will be drilled it wont cost like this lot it will be straight down and without looking Im sure its not as deep a drill so the cost is not like some of you are talking psi may tell more on the cost but Im sure it will be faster and cheaper to find what you want.

    And to say that it wont add cash is just wrong if they can show some good levels of coal it will start the Chinese interest and the SP would see a good jump.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.