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6.5¢ central petroleum limited

"(Meanwhile, CTP current production is NOT filling NGP. Jemena...

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buddy134

24,386 Posts.

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26/08/20

08:06

Post #: 46817300
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Originally posted by Ashentegra ↑

Long term holders with elephant memories will recall I used to hold CTP. I continue to take an interest.

A Moomba to Alice pipe is contingent on Dukas being the gusher the failed hole suggests it may be. The pipe promoters would be nuts to lift a finger until the proof of that is in.

Meanwhile, CTP current production is NOT filling NGP. Jemena stands ready and willing to add compression at any time should CTP lift output.

Mereenie Stairway, Palm Valley Deep, Orange 3 and Dingo Deep are all highly attractive brownfield opportunities. There is no evidence LD & team have sensible interest in the proposed sell down of producing assets. CTP may need a capital raise to fund drilling itself as it has promised away most cashflow to debt reduction.

Tough times, despite ready customers and glittering prospects.

Ash

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"(Meanwhile, CTP current production is NOT filling NGP. Jemena stands ready and willing to add compression at any time should CTP lift output.)"

Well, what is CTP waiting for to fill that pipeline.??

What is the reason that they are holding back.??

CTP Price at posting: 9.4¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.000(0.00%)		Mkt cap ! $48.11M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.4¢	$34.57K	535.0K

Buyers (Bids)

No.	Vol.	Price($)
1	196700	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	107802	2

View Market Depth

No.	Vol.	Price($)
1	196700	0.065
2	11847	0.060
1	10033	0.059
1	200000	0.057
1	9999	0.056

Price($)	Vol.	No.
0.068	107802	2
0.069	200000	1
0.070	206805	2
0.071	20000	1
0.072	25262	2

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last 6.7¢			Change 0.000 ( 6.35 %)
Open	High		Low	Volume
6.4¢	6.7¢		6.4¢	122700
Last updated 14.40pm 30/04/2024 ?

CTP (ASX) Chart