Mirror images dejavu I know lots of posters see a connection with LNC and CTP in very similar ways - especially with the concept of gtl and cbm However obviously LNC now have the cash flow and a mini plant built to learn the technology -5 to 10 barrels a day. A 25000 barrels a day producing plant is also about 3 years away. I hope some posters could aid me with the size of LNC's fields although keeping in mind its average depthis only about 130m or so. Still LNC WILL NOT have cash flow also for years to come yet posters are tipping $10 + by the end of the year??(Closed $4.35 on Friday 4th Sept08). Real potential YES, but NO CASH FLOW as income?
CTP still in its infancy - perhaps even to early to call of its potential EXCEPT that the magnitude of the Perni Coal Measures could be 10-100 times bigger??? CASH flow a real ZERO. No cash flow.
Again then THE big difference obviously is cash on hand of LNC. BUT what price CTP if CASH appears suddenly due to overseas/internal mega interest. 16 centas?, 50 cents?, $1,..... and lets still not forget possibly OIL discoveries at CBM 930001 Simpson1 ..... etc OK, just dreaming again but expect a great week ahead. Cheers fellow dreamers. Others please DYOR ....
CTP Price at posting:
14.8¢ Sentiment: Buy Disclosure: Held
