CTP 2.04% 5.0¢ central petroleum limited

announcement out, page-7

  1. 108 Posts.
    Whether it is 635 0r 865 billion tonnes is meaningless for us in our lifetimes. One billion tonnes of shallow, good quality coal would do nicely and then there are the infrastructure costs, distance from market etc. to be considered consider. LOng lead time for development is a factor as well.

    Don't be taken in by the huge numbers. They are only for the wide-eyed who are easily impressed.

    I no longer hold shares having departed after the infamous "OIL FLOW LIKELY" release proved to be such a fiasco.
 
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