CTP 0.00% 5.3¢ central petroleum limited

cash to ctp from santos and total deals, page-2

  1. 502 Posts.


    ... and he reconfirms it at 16m15s where he says (in response to a question around funding; the $5M cash on hand and managing the working capital):

    " ... there is obviously a lot of reimbursable costs as I said earlier that come about when both .. when the Santos deal and Total deals become unconditional ... that is condition precedents have been satisfied ... and clearly obviously the ability to charge for work you do on the JV will help ..."

    "... there is therefore some money that is coming in ..."


    Hope that helps those who thought that there would be no cash injections as a result of these deals.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
0.000(0.00%)
Mkt cap ! $39.22M
Open High Low Value Volume
5.3¢ 5.4¢ 5.3¢ $52.12K 978.8K

Buyers (Bids)

No. Vol. Price($)
1 454057 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 46397 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.