The end of a sorry saga of technical mismanagement of a promising resource. But clearly beyond CTP's finances to develop now so might as well divest it.
I'd say they've spent more than $12.5m appraising it, but at least we get some money. A bit under 10c per GJ of 2C is not actually a bad metric, but I really think with proper technical knowledge this should have had some 2P attached to it by now. Good luck to Senex, I reckon they will develop this successfully, although it's not as good as their Atlas block.
The end of a sorry saga of technical mismanagement of a...
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |