""((CTP is hardly a dividend grade stock and it is what I would...

""((CTP is hardly a dividend grade stock and it is what I would consider highly speculative. The point about
the debt level made by others is also an important factor in my view but guess what - lenders are still willing
to support CTP and so its credit credentials can't be all that bad and isn't that a clue about CTP's prospects?))""

Have they.??

Really.??

I haven't seen anyone jumping in and lending us all the money we want to get rid if the big monkey we have on our back named Macquarie. So don't tell us that lenders are willing as it is just some made up porky. If there were some willing lenders they would have given us the money long before this, and only confirm or supported what the BOD's have been telling us about refinancing the whole debt. No..they haven't been able to...Period.!!

YEP....dream on. No one did and only Mac Bank did renewed it under certain terms that none of us will ever know.

This is what the latest announcement said:

""Central Petroleum Limited (ASX:CTP) (“Company” refers to its ASX Announcement dated 10 February 2020 (“Extension of Existing Finance Facilities” and announces the extension of the Macquarie finance facility has become unconditional following conditions precedent being met. )""

Now what are the condition precedents that we are supposed to have met.??

Then tell us as to why the sp took a tumble after such a good announcement.