CTP 7.69% 4.8¢ central petroleum limited

correction of false media information, page-73

  1. 35,472 Posts.
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    "The underlaying problem atm is the distinct lack of CASH"

    I disagree with this.
    The underlying problem is most O&G junior explorers are down 50% and more.

    I understand cashflow is key, not just CASH, but you if you invested in CTP for "cashflow" now, you are in the wrong stock, let alone sector entirely. There is a difference...

    CTP/ RC have stated we are good to end of 2013 (Cashflow) AND that did't include many other options not yet released, like more JVs/ assets sales or debt funding which we don't have yet but clearing is an option telegraphed numerous times.

    BTW, I actually wasn't targeting yourself with that comment on cash and JH dreams, more MB who must wake up each morning chanting it in the mirror.

    So, I don't agree CASH is the reason for our SP halving from circa 17c. We don't need much atm to keep things running.

    You can still run a business with the right cashflow (timing), you don't just need wads of cash in bank. I know very well, I run a manufacturing business.
 
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