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1.89%

5.4¢ central petroleum limited

Ann: Capital Raising To Support NEGI Reserves Certification, page-44

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ravishankaray

11,084 Posts.

13/11/15

14:57

Post #: 16390793
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Originally posted by seal the deal ↑

I walked out of the agm ,feeling some what optimistic, however after this announcement I feel betrayed. In the agm for those that did not attend RC stated their will not be any capital raising until maybe June next year to pay off a upcoming debt, if at all. He went on to say the company is funded for the upcoming drilling and admin costs. After this cr, I see a lot more in the future for drilling and other operational costs. My sizable invest is turning into a penny on the dollar investment. RC stated we are in the "box seat" will make them beg comment regarding future contracts. I was expecting after negi announcement that the company would have contracts and money rolling in from down payments. Also future jvs that are more favourable to ctp. Very disappointing indeed, considering how upbeat rc was about our prospects. Furthermore where are the drilling results of mt kitty and total?

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Welcome to the club, std.

Been disappointing for a while now in spite of all the plans in place and the SP says it all.

They told me, MK and Georgina, not a consideration, as full focus on Dingo/PV and NEGI.

good luck.

CTP Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
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Last 5.4¢		Change 0.001(1.89%)		Mkt cap ! $40.24M

Open	High	Low	Value	Volume
5.3¢	5.4¢	5.3¢	$4.518K	84.53K

Buyers (Bids)

No.	Vol.	Price($)
1	28332	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	31507	1

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No.	Vol.	Price($)
1	28332	0.053
4	328254	0.052
3	554313	0.051
4	375000	0.050
3	40418	0.041

Price($)	Vol.	No.
0.054	31507	1
0.055	100000	1
0.058	100000	1
0.060	99559	2
0.062	11500	1

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