CTP 7.69% 4.8¢ central petroleum limited

correction of false media information, page-75

  1. 35,472 Posts.
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    I think if you add up the times this has been communicated through various releases loudly and clearly imo, it adds up to quite a few times.
    I mean, how many times does RC need to tell us before it sinks in?

    I understand the frustration due to SP, and its always magnified by poor SP performance, but I can't really see how much more he can say.

    We will have cash burn at around $1.5m Q once JVs are underway.

    We will have around $4-4.2m cash by end June, enough for 8 months with NOTHING else happening.

    That's plenty of time in this fast moving sector right now.


    I too hope BHPP or Esso come and do a big JV with cash up front too, but I have no sweat over cashflow for 2013.

    Anything can happen, and don't you think the board/ CEO are well aware of what they need to achieve funding in 2014 on.

    The way we are going we'll be at Stage one JV expenditure of $78m

    Santos start seismic this month.

    patience and imo huge BUY now with chips down and everyone having a moan

 
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