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6.25% 5.1¢ central petroleum limited

does ctp have over a trillion tons of coal., page-2

  1. SBC
    1,006 Posts.
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    19/06/08
    14:54
    Post #: 3881784
    If you read the presentation that came with their last brr they state that on a P90 basis (i.e. proved or proven - the lowest figure, or the amount that the geologists are 90% sure is there) their CBM prospective resources could be worth $160/share (undiluted)...makes for a good upside vs. downside equation.

    Cheers
    SBC
    CTP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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