CTP central petroleum limited
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Why the fire sale when company projected cash cash cash?, page-9

  1. psi81
    6,467 Posts.
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    28/03/17
    18:27
    Post #: 23686608
    I'm afraid your calculations contain several errors and incorrect assumptions and are essentially meaningless (for a start, you can't add $2/GJ transport savings onto your revenue), but you are right that a significant uplift in revenue awaits if CTP is still around when the NGP starts. It won't be anywhere near $150M a year though.

    I had written more here but I'll save it for a new post.
    CTP Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.8¢ 		Change
0.002(3.57%) 		Mkt cap ! $43.22M
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5.7¢ 5.8¢ 5.5¢ $4.64K 83.53K

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