CTP 5.77% 4.9¢ central petroleum limited

late announcement, page-22

  1. 1,834 Posts.
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    Ya,it is interesting to read your remarks.My personal summation of CTP, currently, is that the company is at the same stage of development that LNC was at approx. 2 years ago, maybe more...

    The major difference is that the investment climate is today more favourably disposed towards CBM/CSM plays and there are some deep pocketed players around who are obviously interested in our part of the world..

    Why would you invest in any of the 'Stans, or that basket case known as Africa, or that delightful spot, the Middle East? If I had a mind to plough development money into commodities, with assurance of secure returns, I would choose a nice quiet and lawful location such as Aust...

    NO SOVEREIGN RISK..Well, maybe the FIRB...
 
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