CTP 3.64% 5.3¢ central petroleum limited

Ann: Range Pilot Update - Coal Thickness & Permeability Confirmed, page-5

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  1. 322 Posts.
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    I guess if the economics are compelling FID might be brought forward, but there is a lot of technical assessment that needs to be done. Given the results for Range, as far as coal seam thickness and permeability go, have been better than predicted I hope there is a chance this will happen. Management would be pretty incompetent to have invested in a block that is non-economic when result come in better than expectations...

    Management are hopefully aware of the shareholder discontent in a company that has a history of executive removals, it would be wise for them to get things moving.
 
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