CTP central petroleum limited

Ann: Refinance of Loan Facility, page-8

  1. 446 Posts.
    lightbulb Created with Sketch. 160
    Think this is fantastic work - locked in funding to 2029, despite 2030 climate targets choking finance to most other small E&P companies.

    I see it as $45mio funding pool locked in for exploration and drilling, with $25-35mio pa in free cash flow from 2025.

    Mereenie drilling by Q1 25, PV in H1 25 and Mt Kitty in H2 25 if they've made a success of the first two.

    Bring it on!
    Last edited by numeraire: 28/10/24
 
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