CTP central petroleum limited
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MST released an update this week - production numbers seem...

  1. numeraire
    438 Posts.
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    28/03/25
    12:06
    Post #: 78454119
    MST released an update this week - production numbers seem overly conservative with only 3TJ/d uplift on a $32mio development spend.

    If they can get Mereenie up to 40TJ/d and PV to 15TJ/d then we'll be looking at FCF closer to $30m pa.

    Cash balances demonstrate there's enough powder in the kitty for both drilling and buybacks.

    https://hotcopper.com.au/data/attachments/6904/6904999-fb5f9411cdaab3abedbb527bbf501b0d.jpg

    CTP Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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