So, at this stage, looks like Central Petroleum could be no better off than in 2012, when Hassko said company nearly broke, so a good thing that cottee took over, just in time.
Nothing was owing then from memory, but now $90m +, ...
But what about that debt now and by not doing a gas deal with Jemena earlier and holding out for cheaper transport costs, , maybe that played a part in MB getting more purchase and leverage into the company, because no loyalty or anything owed by Jemena to CTP ?
CTP Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
