CTP central petroleum limited
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Ann: Palm Valley PV13 Encounters Strong Gas Flows, page-61

  1. justinmetals
    8,389 Posts.
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    11/10/18
    14:45
    Post #: 36086591
    PSI
    Thanks for the comments.

    The profits (after costs) are pretty conservative IMO. Trusting that the reserves will come and exploration sufficiently covered in the profit margins provided.

    The additional annual $20m-$40m debts could be renamed as Tax.

    And notes
    QLD not included
    Amadeus - Moomba pipe not included
    Helium not included
    Last edited by justinmetals: 11/10/18
    CTP Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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