I think a JV would be a prerequisite prior to the TSX listing?
With a proven well, massive acreage, and a JV partner already in place who will cover the costs of a reasonable number of wells in the near future, I would suggest it would give enough confidence to the market to get away a decent TSX placing (not just $10 or $20m....), at a significantly higher SP than today.
Get the SPP get out of the way, announce a decent JV (perhaps just on a very limited acreage), & I think the SP will be way North of today, which is when they should TSX list, and raise a decent sized warchest to go play on some of the other prospects.
The rest is, as I like to hope, my retirement.
Feeling much happier after the last couple of days.
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CTP
central petroleum limited
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Last
5.5¢ |
Change
0.003(5.77%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.4¢ | $4.086K | 75.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 622641 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 128430 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 622641 | 0.053 |
3 | 556468 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 128430 | 1 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 196447 | 1 |
0.060 | 150000 | 2 |
Last trade - 15.44pm 18/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |