CTP 8.00% 5.4¢ central petroleum limited

am i missing something?, page-12

  1. 11,015 Posts.
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    Buddy,

    I believe if it is a JV or a farmin IT NEEDS TO BE STATED as such in the trading halt. I always thought the ASX rules were explicit in that regard, and I've seen TH where JVs and farmins/outs are explicitly stated.

    A MATERIAL CAPITAL RAISING should mean exactly what it says.

    That can be a placement of new shares at a premium to a new cornerstone investor but that is not a JV (which we all would assume has major drill carry and cash for past exploration costs).

    Guess you'll just have to wait and see.
 
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