CTP central petroleum limited
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Initial production wobbles with Mereenie above and Palm Valley...

  1. Ashentegra
    5,913 Posts.
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    30/04/19
    15:45
    Post #: 38331376
    Initial production wobbles with Mereenie above and Palm Valley below forecasts roughly cancelling each other out. PV13 connects next month.

    I have observed before, this year will be largely devoted to debt repayment and liability erasure. Balance sheet will improve daily, creating flexibility to refinance and fund a reasonably ambitious drilling program.. PV deserves attention - either to recomplete PV1 or perhaps drill new. I leave that to the engineers.

    Nice blue sky fizz with Dukas and Ranger. Looking forward to my Dukas 55c bonus. smile.png

    Ash
    CTP Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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