CTP 6.00% 5.3¢ central petroleum limited

coal report needed with gas recoveries, page-7

  1. 2,686 Posts.
    lightbulb Created with Sketch. 101
    Bravo,

    my opinion differs to yours, the quaterly stated that $600K was paid by an interested party to view teh field results and yes it was exclusively for a given period of time. I read into it that the time has lapsed the results were presented but were inconclusive.

    So the company back to square one, they have huge tenaments, alot of coal, no indication that the coal is gaseous, limited funds to explore with no commitment of a JV partner. I hold quiet a few oppies and if no JV partner or funding is secured for this years drill campaign i will be getting rid of them because without a comprehensive drill campaign this year the oppies will be worthless this time next year
 
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