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10.0% 5.5¢ central petroleum limited

Ann: Half Year Results - Central Reports $3.2M Maiden Net Profit, page-5

  1. cokelator
    509 Posts.
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    26/02/20
    12:17
    Post #: 43160646
    Considering the size of the debt is close to the company market cap, I'd say it is quite an achievement?

    On a side rant, gas discovery is really a long term game. Every gas company I've seen so far seems to follow the same timeline. We've found gas! We'll make FID next year and we'll go to production the year after that. And that would be considered record time!
    CTP Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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