CTP central petroleum limited
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Ann: CY2020 EXPLORATION PROGRAMME - NEW GROWTH PHASE, page-3

  1. diggingyourselfintoahole
    353 Posts.
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    11/10/19
    11:30
    Post #: 40833259
    Can't fault their ambition, $51m exploration campaign for 2020, drilling to start mid year. 5 targets, Dukas plan T/F. Ooramina to be delayed with proposed extension as they think they have better risk/reward options. All this on top of Range development. Funding by farm out, possibly at least partially of producing assets, sounds like they have been shopping this around the market already. Quarterly will be interesting.
    CTP Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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