CTP 1.92% 5.3¢ central petroleum limited

trading pattern, page-6

  1. 988 Posts.
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    Yes agree ANZ but what is so interesting is that:

    a.the SP has held firm and

    b.as has happened in the past that the whispers of a duster or success have seen a major rise or drop and after so many weeks of the EPT and hopefully oil sales I'm tending to be positive.

    Now Surprise has really been our only success to date however this has yet to be confirmed and after the disappointment of both Ooraminna and Johnstone West and that terrible cash burn and constant cap raising we may finally be getting some traction.

    I personally don't want to see further dilution.

    Short term we could either be back to 8cents or up to 15cents depending on the next announcement.
 
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