Did some one mention a SPP?
lol
Being a bit more serious now, All that has changed in the last month is investors beginning to realise the potential of CTP's acreage in the Georgina basin as a result of Petrofrontier's Ryder Scott report. In my opinion this is just the cherry on top of the rest of their holdings. I think that in time CTP's holdings in the Amadeus will be far more significant.
There are also the holdings in the Wiso basin that undoubtedly have potential.
Lately there has been a lot of companies moving in to the Georgina. I am thinking that if more land was available in the Amadeus then other companies would also move in there.
My point is that because CTP owns most of the significant holdings in this basin you wont get another Petrofrontier doing for the Amedeus what they did for the Georgina.
Something I have recently thought about and concerns me is a large multi national finding it preferable to just take over CTP rather than stuff around with farmins.
7.5!, page-10
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |