CTP 1.85% 5.3¢ central petroleum limited

patersons oil and gas review november 2010 , page-2

  1. 8,114 Posts.
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    "We maintain our SPECULATIVE BUY recommendation
    and a price target of $0.14/sh. Our valuation is based on
    a series of farm-in transactions. CTPs exploration program
    across a vast permitted area provides substantial upside
    potential, but is certainly speculative due to the geological
    and drilling risks, challenging paths to commercialisation,
    lack of producing assets and funding of its programs going
    forward"

    CB
 
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1 163385 5.3¢
 

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Price($) Vol. No.
5.5¢ 300000 1
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