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7.69% 4.8¢ central petroleum limited

Ann: Latest Company Presentation, page-5

  1. justinmetals
    7,851 Posts.
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    21/03/18
    10:56
    Post #: 31910758
    A bit too hasty. But I’d say we’d probably have to spend $20-30m a year on exploration and capital expenses for the next few years too so net profits of $20m-$50m from 2019 onwards before considering any ngp expansion when $90m per year could be the net profit before exploration and development (all calculated at $3/GJ)
    Last edited by justinmetals: 21/03/18
    CTP Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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