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6.42% 5.1¢ central petroleum limited

voluntary suspension, page-23

  1. karll
    3,084 Posts.
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    27/09/10
    17:03
    Post #: 7248451
    They need more money to start developing this area for production, while they still have to keep drilling further. They are contracted to drill a certain number of wells with the current rig.

    Why is anyone surprised that it would take more money to get the resources to market?
    CTP Price at posting: 52.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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