CTP 1.96% 5.0¢ central petroleum limited

week ahead / what to expect, page-9

  1. 534 Posts.
    I'm saying UCG should be close to last on the list of things that CTP should go for. It would require a lot of capital and a high oil price to succeed. Oil, conventional gas, CSG and helium offer more immediate returns. Perhaps once CTP is a producer with cashflow from these other resources it can look at exploiting the coal via UCG.
 
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