Australia's largest stock trading and investment forum Australia's #1 stock forum

CTP

Click for more information

6.35%

6.7¢ central petroleum limited

Ann: Central signs Gas Supply Agreement with Arafura, page-5

First 5 Last

Share
Profile

Follow
barbal

3,154 Posts.

75

13/02/24

10:33

Post #: 72375592
Share

Originally posted by psi81: ↑

I hadn't realised how close Nolans is to Alice Springs, this should be a nice little earner for the JV. Usually it's transport costs that kill CTP's margins, especially through NGP but the toll here should be minimal which means more margin. Not a lot of gas coming south from Darwin or Blacktip so the Amadeus was probably ARU's only realistic option, which suggests a good price for the JV, the gross margin could be $3 or more.

Unfortunately 7PJ is only a fairly small volume but it's certainly better than piping it to the easy coast and achieving little more than enriching the pipeline operators.

Expand

https://www.aemo.com.au/-/media/files/gas/natural_gas_services_bulletin_board/gas-map-v2021-v16.pdf

CTP Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 5 Last

Add CTP (ASX) to my watchlist

(20min delay)
Last 6.7¢		Change 0.004(6.35%)		Mkt cap ! $47.36M

Open	High	Low	Value	Volume
6.4¢	6.7¢	6.4¢	$7.954K	122.8K

Buyers (Bids)

No.	Vol.	Price($)
1	16960	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	38210	1

View Market Depth

No.	Vol.	Price($)
1	16960	0.064
1	123541	0.063
1	39915	0.062
2	58989	0.061
1	150000	0.060

Price($)	Vol.	No.
0.067	38210	1
0.068	99826	1
0.070	622745	4
0.071	109956	2
0.072	25262	2

Last trade - 11.32am 05/06/2024 (20 minute delay)


Last 6.4¢			Change 0.004 ( 1.59 %)
Open	High		Low	Volume
6.7¢	6.7¢		6.4¢	20494
Last updated 12.15pm 05/06/2024 ?

CTP (ASX) Chart

SPONSORED BY