CTP 0.00% 5.3¢ central petroleum limited

every now and then i bang on about it..............The reason...

  1. 931 Posts.
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    every now and then i bang on about it..............

    The reason our sp hasnt gone higher is we have very little CASH

    $200M MC with relatively very little CASH ???

    We are hamstrung by this.and RC obviously knows this.He is walking a tightrope.A large number of posters counter argues "We are covered for a year"

    Well Mr market has trouble with that... as per sp.

    I would love BHP or SHELL etc etc etc on board but we need a deal with CASH $50M to $100M

    If RC can manage that then watch our sp run hard IMHO
    A big JV with a BIG cash upfront deal IS THE REAL VOTE OF CONFIDENCE in CTP's acreage holdings; not the deals done so far

    "CASH IS KING"
 
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