CTP 2.04% 5.0¢ central petroleum limited

cash is king, page-7

  1. 456 Posts.
    Who knows, but the deal requires CTP to contribute $12M for stage 2 so seems like they anticipate getting cash somehow. Also he repeats we will do CTP by ourselves which again requires a heap of cash. Cottee must have a plan if the 2 farm ins havent yet given us cash. End of the day each farm in is only going to help if we find hydrocarbons so still must keep fingers crossed over next couple years. Too bad for those who sold out last week!!
 
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