CTP 1.82% 5.4¢ central petroleum limited

coal tonnage, page-9

  1. 801 Posts.
    considering the length of time this traded in the 8.5 ish to maybe 10c range, with the occasional trading burp above, people will be very cautious of bumping this too high too quickly. and in the market world "paying above the odds".

    that said, this potential resource...... well name a global resource that compares and it is attached to a massive company. This could well well well(lets have plenty of them) be a global resource....NO im not saying its dropped into sentences but the numbers are astounding.

    Lets face reality if you want to put money into something at present that is an absolute speccy, no defined resource really and no idea how or when that resource will be achieved then this is the one.

    Sounds abit negative when you say it that way, but them is the apples and still the down side is not so great in comparison to the upside.

    When you see what china are doing at present buying minerals at the bottom of the cycle you start to consider what they are thinking...there is no value adding unless you have the value...and this is one resource (not yet) that is not going on some ship.

 
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5.4¢ 5.4¢ 5.4¢ $2 42

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