CTP central petroleum limited
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RC stated - “The potential for including the Stairway as...

  1. Jazzasax
    3,137 Posts.
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    07/07/16
    10:13
    Post #: 18212603
    RC stated -
    “The potential for including the Stairway as incremental reserves is tantalizingly close”, he said.

    " The Stairway Sandstone is not an existing zone of production and under the present Mereenie Gas
    Reserves certification is classified as part of the 182 PJs of 2C contingent resources (gross joint venture share) (see ASX Announcement “Mereenie Reserves Upgrade” dated 14 March 2016 (“Mereenie Reserves Statement”))."

    To me this statement should mean an ann. coming very soon...I think this is better than Imminent!!
    CTP Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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