CTP
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7.69% 4.8¢ central petroleum limited

"CTP is working on an agreement provide Incitec with 15PJ pa of...

  1. ravishankaray
    11,084 Posts.
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    11/11/14
    11:44
    Post #: 14268676
    "CTP is working on an agreement provide Incitec with 15PJ pa of gas. That is somewhere around $100million per year in revenue."
    How many years down the track will this theoretical deal take ?
    Good idea, but is not creating shareholder wealth compared to drilling Surprise and producing a few 1000 extra barrels of oil per day.
    Both projects should be at work, not just the long term wishy washy one.
    CTP Price at posting: 22.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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