Well I though I would put together a chart to highlight "different" but "recent" periods of CTP share price movement and compare the certainty and uncertainty around CTP for these periods.
Below circled in Red is the two weeks in early Feb 2013 and circled in green is the period of early April. Now the price today is predominantly the same but the situation now has vastly more certainty.
Period of the "Red Circle"
1. Uncertainty around Clive Palmers CTP share holding/intentions
2. Uncertainty around Surprise reserve sizes and if Surprise is viable to go to production
3. Uncertainty around Santos JV confirmation
4. Uncertainty around the future of the coal on CTP Ground
5. Uncertainty around EP97 (Rawson Resources)
6. Uncertainty around application for L12-2 on the WA /NT Border
7. Uncertainty around Total JV Confirmation
Period of the "Green Circle"
Now we are in the green circle and Richard Cottee has removed the uncertainty from all of the above except one which is:-
7. Uncertainty around Total JV confirmation
So does this mean that the share price will move north or here or South from here I hear you ask? ... Quite clearly CTP should be valued much higher now. It will take the market a little time to realise this but it will come shortly.
All is IMHO DYOR to Confirm
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certainty leads to share price appreciation
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