CTP 5.77% 4.9¢ central petroleum limited

announcement - capital raising, page-12

  1. 1,496 Posts.
    $17.55m inclusive of SPP and top up placement

    - $8.8m cash burn for Q1 estimated in Qtrly.

    $8.75m left after March 2012. Could last through the EPT. Hopefully some sustained good oil flow during the EPT and the determine

    18% dilution based on 180m new shares to be issued.

    Based on the dilution of 18% MC, SP of 5.5cps after 9 Feb with 180m shares are issued will be equivilent to the current SP of 4.5c.
 
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