CTP 1.96% 5.0¢ central petroleum limited

funding??, page-17

  1. 11,818 Posts.
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    #Wingmann, you are correct, CTP is aiming to do a TSX listing, but.... JH stated recently, that its 2/3rds complete, but... above all else he repeatedly stated that the listing is very much reliant on the U.S and Europe markets becoming more stable and able to be tapped for finance.. now... I admit, the last week has been a good one for the markets... but to think that the U.S and Europe are now fixed and its go go go for the listing is NOT something that just happens...

    So.. as far as I can tell, the TSX listing is still 3-12 months away, I have been invested in other companies that have attempted/succeeded in listing, and its not a easy thing to accomplish.

    So.. I raise the issue again, how will CTP f.u.n.d its 2012 obligations.. (tongue in cheek)

    I really just want to continue reading/hearing from more knowledgeable posters on what they think might occur, or what might be planned for etc etc. They have found oil, its not going to make a lot of money for a while yet, and they need more money..

    I have skimmed through the last couple of years on CTP in this forum, and wow.. the amount of posts that mention J/V's is incredible.. yet.. CTP has done 0 of them.

    Anyway,
    good luck to all holders.
    IMHO.
    DOYR. etc.
 
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