CTP
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5.45% 5.2¢ central petroleum limited

From previous experience , if its not good its bad, that is if...

  1. habcos1
    495 Posts.
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    06/07/18
    13:34
    Post #: 34188006
    From previous experience , if its not good its bad, that is if they had good success they would be letting the whole world know !! loud and clear, so in my view its not good but all is not lost \.
    At present i assume they will be evaluating the geology to decide on the best approach to get some value out of the hole. Its a shame this was a bit of of a dud but with some fracking they will most likely get some value out of it and there is a lot more up side for CTP from their other assets so in my view all is not lost.
    I still think CTP has good prospects long term. Lets hope their next holes a winner.
    CTP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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