CTP central petroleum limited
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Ann: Sale of Range Gas Project, page-6

  1. barbal
    3,398 Posts.
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    13/11/23
    18:23
    Post #: 70875302
    "On 1 January 2020, Central received A$7.7M from Incitec. Incitec had an obligation to spend A$20M on theRange project by 31 December 2019, and had fallen short by that amount, hence the make up payment toCentral. These funds will be used to pay for Central’s share of the Range spend. We expect those funds willbe sufficient to cover Central’s costs to completion of the pilot plant"
    CTP Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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5.5¢ 		Change
0.003(5.77%) 		Mkt cap ! $40.98M
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