CTP 2.08% 4.9¢ central petroleum limited

CTP salaries, page-61

  1. 11,785 Posts.
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    Digging, honestly, as you have watched CTP for a long period of time, would you acknowledge that up until the 2 farm-outs with Total and Santos, CTP did very little with acreage the size of France? There is a different team at the helm which I am hoping will indeed break the drought so to speak for CTP.

    As for taking over CTP for its drilling experience, well I agree, no point there (nor did I say that was a possible reason anyway), but as I posted above, if any interested party was to T/O CTP it would only be for the acreage. Which is still valued at under $4 an acre. That's after the 2 farm-outs with an average price of about $20 per acre.

    I do understand that after holding a stock for a fair amount of time, enthusiasm can wane, but again, I reiterate, CTP is now entering an extremely exciting phase, where structures have been delineated, funding has been secured (by the farm-outs) and drilling is about to commence (Total Wells and hopefully soonafter NW Mereenie, etc etc). If ever there was a time to invest in CTP I feel this is it.

    Just my opinion of course.
 
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4.9¢
Change
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4.9¢ 4.9¢ 4.9¢ $4.999K 102.0K

Buyers (Bids)

No. Vol. Price($)
3 355000 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 9000 1
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