CTP central petroleum limited

Hi PratoI agree that an open forum invites support & criticism...

  1. CHN
    821 Posts.
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    Hi Prato

    I agree that an open forum invites support & criticism and that you can take either of these views. So sorry if
    I have offended you.

    I have also been a shareholder for many years with my most recent investment being the capital raising in 2018.
    I hold 1M shares

    My comments relate to your recent habit of saying the same thing over and over again. Words to the effect "I've
    seen/heard it all before". I can only assume that means that you don't actually believe what is being reported or
    you think what is being reported is exaggerated or untruthful in some way.

    It seems to me that CTP is worth more than what the market is telling us - maybe I'm kidding myself? However, the
    recent transaction allows us to get a more objective view of what at least some of CTP's assets are worth and
    I am encouraged by what that transaction has yielded.

    The Range project also looks promising. There is certainly gas there and we have a partner in that project who is chipping
    in up to $20M. Once again objective evidence of the potential of that project, a prospective upgrade in resources and hopefully
    recognition by the market that CTP is worth more.

    As far as Dukas is concerned it doesn't appear that we are driving that bus and I have no insight into why Santos is stalling if the
    potential is there for a huge gas field & helium is so obvious. Likewise with the other assets.

    In past times the market would have put some blue sky value on those future projects. However the pressure on fossil fuels on a
    global scale may be the reason that what would formerly be blue sky value is being devalued or ignored. On that point I have also held
    Woodside for many years and I must say that the failure of such a high quality company like WPL to rally sets off a red flag in my mind.

    So no offence meant mate. Good luck with your investing
 
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Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $43.97M
Open High Low Value Volume
5.9¢ 5.9¢ 5.9¢ $50 847

Buyers (Bids)

No. Vol. Price($)
2 572377 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 184999 2
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Last trade - 10.02am 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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