CTP central petroleum limited

Just in case you didn't read it, (THIS PART), here it is: ""(“As...

  1. 24,386 Posts.
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    Just in case you didn't read it, (THIS PART), here it is:

    ""(“As I said during my quarterly webinar in May, I was optimistic a forward plan for Dukas could
    be agreed by the end of June. Unfortunately, it is taking longer than expected due to the
    complexities of the various agreements, the need to import specialised high-pressure
    equipment and the impact of COVID-19 on all operations. Despite the progress to date, I do
    not believe that a target spudding date for Dukas will be achievable in 2021. Whilst I fully
    appreciate that such a delay may be frustrating for investors, we will continue to push hard for
    an outcome that is in the best interests of Central shareholders and does not expose the
    Company to unacceptable risks or unnecessary delays. Negotiations are well advanced at
    this time, and I believe an agreed Dukas forward plan is possible in the near-term. We
    appreciate the support and continued patience of our shareholders through this negotiation
    process,” said Mr Devaney.
    -ends- )""

    Dear oh me, what next.

    So no drillings or target spudding to be done before at least early 2022.?????

    That is another 18 months of nothing. That is really something good to look forward to....NOT.!!

    That is also a very good prognosis for CTP....Not..

    In the meantime, there is not mention about those overpaid people in the BOD's, let alone the rest of the extremely well paid Executives, taking a pay cut either while the shareholders (THE REAL OWNERS OF THE COMPANY), suffering no end and made to continue to suffer.. Once again....Go Figure.!!

    But then, don't forget that well overly overused "DISCLAIMER" at the end of the Announcement.

    Someone should start learning and taking full notice that those disclaimers are there for a purpose and one purpose only.....Think about it.

    Dyor.!!
 
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Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $43.97M
Open High Low Value Volume
5.9¢ 5.9¢ 5.7¢ $4.364K 74.41K

Buyers (Bids)

No. Vol. Price($)
2 564138 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 172675 2
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Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
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