CTP central petroleum limited

announcement out, page-9

  1. 6,457 Posts.
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    It's nice thermal coal but what good is it doing 800m below the surface?

    JH will get laughed out of every JV proposal meeting in the world with that.

    This trillion ton coal deposit might as well be on the moon for all the good it does.

    I honestly can't work out why CTP would be wasting its already-limited capital on this drilling program. Makes me wonder if JH secretly has a few desorb canisters out there hoping for a lucky CSG hit. That way if nothing comes in he doesn't have to announce another CSG dud, but if they get lucky suddenly CSG is back on the agenda.
 
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Last trade - 16.21pm 10/07/2025 (20 minute delay) ?
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