CTP central petroleum limited
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Ann: FY2023 Annual Results and Update Presentation Pack, page-4

  1. barbal
    3,398 Posts.
    lightbulb Created with Sketch. 86
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    27/09/23
    20:27
    Post #: 70061264
    How about the t/20 asking what in the presentation will lift the sh/p in the near future. I see the time line on the strategic review is like a piece of string, getting longer and longer.

    28September2022
    STRATEGIC REVIEWADVISOR APPOINTED
    CentralPetroleumLimited(“Central”or“Company”)(ASX:CTP)advisesthatRBCCapital
    Markets(“RBC”)hasbeenappointedasexclusiveadvisortoundertakeastrategicreviewof
    theCompany’sassetportfolioandtransactionalopportunitiesthatmayarisetocrystaliseasset
    value.
    ThereviewwillassessoptionsfortheCompany’sextensiveportfolioofexploration,appraisal
    andproductionassetsandexaminefurtheropportunitiesinthecontextofthecurrentmarket
    andcapitallandscapes.Thestrategicreviewisexpectedtobecompletedbytheendof
    October2022,withtimingforanyfurtheractivityrelatedtothestrategicreviewtobe
    determinedatthattime.
    MickMcCormack,ChairofCentralsaid,“WelookforwardtoworkingwithRBCandtheirhighly
    experiencedteamtoconductthisreview
    CTP Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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