CTP 3.64% 5.3¢ central petroleum limited

Something that many may have missed is that ARP will now be...

  1. 362 Posts.
    Something that many may have missed is that ARP will now be accumulating CTP shares. ARP state to potential resource holders/funds etc that....
    "ARP has aligned interests with you; either the vendor of an asset seeking technical support and funding or an energy fund or energy consumer seeking energy assets to develop for profit and security of supply. We will own a part of the asset we help you develop."

    Someone has done their numbers, got an insiders view into CTP coal holdings and is now putting their money and reputations on the line to get this project up off the ground.

    Will we see ARP and related parties in the top 20 in the near future.

    Lets hope that the NT & SA Govts are more supportive than Qld Govt and Derm were to Len and Cougar. We dont want a demonstration project we are looking at the development of a full blown commercial UCG project.

    $300M for BFS etc stage seems quite realistic for a stage 1 project on the scale and in the cost range of Quatar/Shell GTL project.

    Will be interesting to see SP reaction in 6 to 9 months IF ARP can put togeather a development consortium. Guess someone could be making Phat Profis.........
 
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