CTP 0.00% 5.3¢ central petroleum limited

Blamore was a bit disappointing in that respect [the cave-in,...

  1. 17 Posts.
    Blamore was a bit disappointing in that respect [the cave-in, not the results].
    I was actually expecting more rig related problems.
    We do need to remember that they are not operating in easily accessible territory. It is not like the cooper where it is easy to get parts and assistance when required so when things dont go to plan there is going to be time delays beyond what other explorers face.
    I am topped up now beyond capacity! and look at the lost paper paper profit with tears in my eyes atm but am still happy for the long haul.
    Today's announcement will help people's confidence levels, I am still at a loss to see why anyone would have sold options at 5c even if they got them at issue for 2c.
    Even with the world outlook on financial markets this is extremely cheap buying for it's potential but I think everyone is in panic mode.
    best time to buy if you have the cash, shame I am running out!
 
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