CTP 7.69% 4.8¢ central petroleum limited

Amadeus Basin prospectively, page-32

  1. 1,853 Posts.
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    I have been trying to follow the info available on this site/thread. After looking at Wallumbilla, I am reminded of Enron. When Enron went bust, their core energy trading division made a USD$2 billion profit that year. It still lives on with a different name.

    Additionally your talk of The Mac, made me think of Snowy Hydro, The Mac wanted to buy it to use the hydro energy to effectively manipulate the NEMCO energy markets (irrespective of what rubbish they may have said). And they want CTP as a tool to gain influence over Warrumbilla or the Moomba trades (little Enron, or Aussie Enron)

    I doubt they have given up. The underlying physical gas is just a tool to leverage and there aren't many tyre irons lying round
 
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4 1208093 4.8¢
 

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