CTP 10.0% 5.5¢ central petroleum limited

Ann: Palm Valley 12 Well Commenced Flowing Sales Gas, page-6

  1. 46 Posts.
    lightbulb Created with Sketch. 10
    Dukas has the potential to elevate this company into a different sphere for sure.

    Its the existing producing assets that provide the valuation underpinning though that I don't the market has appreciated.

    $50m market cap basically allows a 40% discount entry point into owning producing fields.

    Shareholders get a free option on future exploration success.

 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.