CTP 1.96% 5.0¢ central petroleum limited

coal

  1. 308 Posts.
    lightbulb Created with Sketch. 1
    Is the trillion tons of coal that CTP claims to have considered proven at this stage or still potential? We have drilled twice and have used data from these to estimate the extent of the coal. I know that we have combined this data with data gained in earlier years by other companies drilling in the same area and with seismic, etc.

    So is this amount of information and drilling enough to prove the coal or is it still potential at this stage?

    I only ask because i assume that the coming announcement will tell us something about the amount of gas we can extract from the coal we claim to have. However, if considered unproven, this will have little impact, although it is fun to speculate and count the zeros.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
-0.001(1.96%)
Mkt cap ! $37.00M
Open High Low Value Volume
5.5¢ 5.6¢ 5.0¢ $343.8K 6.702M

Buyers (Bids)

No. Vol. Price($)
1 288354 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 409091 1
View Market Depth
Last trade - 15.50pm 19/06/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.