CTP
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3.92% 5.3¢ central petroleum limited

Ann: Chair's Letter to Shareholders, page-6

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  1. numeraire
    370 Posts.
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    03/01/21
    23:59
    Post #: 49917622
    The addition of Mick will enable CTP to address a major handicap - pipeline costs.

    CTP pays over $4/TJ in transportation costs from Amadeus to Moomba. The AMGP will likely reduce this to under $2/TJ, transitioning the Amadeus from a marginal player to a competitive supplier for the East Coast.

    Mick will be a game changer for CTP, and the quality of the BOD & LT cannot be underestimated in delivering the exploration and production uplift over the next 3 years.

    GLTASH
    Last edited by numeraire: 04/01/21
    CTP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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