CTP 1.89% 5.4¢ central petroleum limited

ann out 2.1m recoverable, page-88

  1. 24,192 Posts.
    lightbulb Created with Sketch. 5566
    No shareholder cap raise is planned ...!!

    Here the Key Sentence.

    "...Development costs are expected to be reduced as the infrastructure required for the extended production test is already in place. Central will also consider debt financing and a partial farm-out as options for developing EP 115. .."


    So looks like no Shareholder Cap raise or dilution other than a possible small farm out


    Richard Cottee... keeping his word and not wanting to dilute the shareholder base... Shareholders like MD's who don't dilute IMHO ...Well I DO!
 
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