CTP
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0.00% 5.3¢ central petroleum limited

Ann: Investor Briefings, page-48

  1. Oldmarty
    128 Posts.
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    27/09/19
    09:28
    Post #: 40600938
    In a recent Morgans document, they estimated this and next financial year's revenue around the $80M mark.
    Their estimate seems reasonable to me and quite positive for CTP shareholders.
    They discuss the Macquarie debt facility being due 2020 and being refinanced by Jan 2020 along with Dukas and Range projects both being key to our future success. They have a target SP of $0.25.
    Could be better, but happy with that for now.
    CTP Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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