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
6.0¢ |
Change
0.005(9.09%) |
Mkt cap ! $44.71M |
Open | High | Low | Value | Volume |
5.7¢ | 6.0¢ | 5.6¢ | $241.7K | 4.193M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22500 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 99999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22500 | 0.056 |
2 | 68352 | 0.055 |
1 | 200000 | 0.054 |
3 | 330000 | 0.053 |
4 | 311012 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 99999 | 1 |
0.061 | 50000 | 1 |
0.062 | 100000 | 1 |
0.065 | 200000 | 1 |
0.067 | 149268 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |