CTP central petroleum limited
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Ann: Amadeus Basin Exploration Update, page-5

  1. myHC101
    477 Posts.
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    25/10/21
    12:52
    Post #: 57046787
    Its a win-win-win as far as I am concerned.
    1. STO are busy elsewhere and they cant commit to Dukas. They seem to be "a little distracted" with a couple of projects like their massive JV, and Darwin, and Beetaloo, and Carnarvon and whatever else.
    2. They've farmed out to Peak Helium, who have a permit next door to Dukas.
    3. CTP are looking at farming out to Peak Helium.
    4. CTP have sufficient funds due to the 50% sell down of the other assets.
    Cant see a problem with this strategy.
    CTP Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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