CTP 0.00% 5.2¢ central petroleum limited

Ann: 11.05.16 TSX Planned Listing , page-7

  1. 8,112 Posts.
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    It will give us access to a wide rmarket and teh second biggest resourcse stock exchange in teh World.

    That has to be good

    CB



    CTP is planning to list on the Toronto Stock Exchange (TSX) and to review potential joint ventures and capital raising assistance with North American companies. Action is required to proactively highlight the current share price disparity relative to other TSX listed companies with a central Australian focus but with much smaller prospective acreage packages. Central wants to realise a more appropriate share valuation than the current share price which is being capitalised on by some as seen in an increasing presence of Canadian institutions on Central?s share register.
    ?There has been a profound ground swell of interest in unconventional exploration and development globally in recent years and much of that interest is coming from North America generally and the TSX market in particular? said John Heugh, Central?s Managing Director today. ?Canadian and US companies are leading the charge in the examination of unconventional resources in central Australian frontier basins. Exploration and farmin plans announced by Rodinia Resources, Hess Exploration, PetroFrontier, TME Resources and others have excited interest in these very large regional frontier basins. Central is considerably undervalued in the central Australian context.?
 
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