CTP central petroleum limited

Statements by CTP around time of delaying Dukas was that...

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    Statements by CTP around time of delaying Dukas was that analysis of Dukas results to date would take some months. If CTP agree to extend earn-in deadline would it be to receipt of current analysis or to completion of final drilling and analysis of final data ? 15000 psi rig is not available in Australia - it may be another 2 to 3 years before final drilling. Thats a long time to extend commitments - would Santos agree to make an additional financial contribution to CTP in return for extended delay ? If CTP want to give a long extension Santos financial additional fee may be substantial and used by CTP to partly fund its preliminary 2020 shot term exploration plan AU$51 million costs. In that situation it may be much less costly for Santos to import equipment and drill 2020.

    Once again information from CTP is untimely, incomplete, inadequate.

    AGM is 7th November. Owner / shareholders should have all fundamental information available for its appraisal well before then. Its continuing unsatisfactory situation.

    Vote AGAINST Remuneration Report, AGAINST Board re-elections, FOR spill motion.
 
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Last
5.9¢
Change
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Mkt cap ! $43.97M
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Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
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