I think a JV would be a prerequisite prior to the TSX listing?
With a proven well, massive acreage, and a JV partner already in place who will cover the costs of a reasonable number of wells in the near future, I would suggest it would give enough confidence to the market to get away a decent TSX placing (not just $10 or $20m....), at a significantly higher SP than today.
Get the SPP get out of the way, announce a decent JV (perhaps just on a very limited acreage), & I think the SP will be way North of today, which is when they should TSX list, and raise a decent sized warchest to go play on some of the other prospects.
The rest is, as I like to hope, my retirement.
Feeling much happier after the last couple of days.
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CTP
central petroleum limited
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Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.41M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100887 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 130 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100887 | 0.059 |
2 | 499848 | 0.057 |
1 | 100000 | 0.056 |
3 | 301000 | 0.055 |
2 | 500000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 130 | 1 |
0.062 | 50596 | 1 |
0.063 | 60556 | 1 |
0.064 | 278115 | 2 |
0.065 | 136300 | 4 |
Last trade - 09.59am 17/09/2025 (20 minute delay) ? |
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