CTP
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0.00% 5.3¢ central petroleum limited

For those who are interested in more details of the transaction,...

  1. O&GInvestor
    725 Posts.
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    03/06/21
    21:40
    Post #: 53634830
    For those who are interested in more details of the transaction, the CTP website has an updated valuation note on it's website at;

    https://centralpetroleum.com.au/wp-content/uploads/2021/06/20210601-MST-Access-CTP-Update-Note-1Jun21.pdf

    Some good info and background on the transaction. Sadly they don't ascribe any value to the upcoming $100m in exploration, but have improved the risking of Range (up from 50 to 75%) to offset the loss of value in the producing assets. New valuation sits at 26 cents.
    CTP Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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5.4¢ 46397 1
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