CTP central petroleum limited

I am a little disappointed that management has not put out a...

  1. 580 Posts.
    lightbulb Created with Sketch. 52
    I am a little disappointed that management has not put out a statement on their way forward, plan B if you like. they must have considered that Santos would go in, stay out, or tell us to get lost. So why not have a press release on their contingency plans ready to go so that shareholders can see where we are going. Has Santos made any commitment to go forward or is this just a now at the moment, moment, that now requires us to continue negotiation with a belligerent partner to find out what they are doing?

    The permit requires the drilling to be completed by Dec next year, but what happens if Santos does not want to do it, or continues to drag their feet so that we cannot meet that commitment. Do we have the option to go alone if Santos as the major shareholder and says no, or goes slow? Are we at risk of losing the permit, if so is Santos in the wings willing to then pick the whole thing up?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
View Market Depth
Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.