CTP 1.49% 6.8¢ central petroleum limited

" transitional " state of N.T. market resolution will enable CTP...

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    " transitional " state of N.T. market resolution will enable CTP to sell 20TJ/day of gas into N.T with margins of $5-$7 GJ. Thats new income of $20 - $30 million a year. When Arafura is operating total new income will then be $46 million a year. $8 million a year can be easily returned to shareholders as six monthly dividends then. That leaves CTP with $38 million a year for exploration / drilling etc., Success at Dukas, Mount Kitty, Magee,Mahler adds further
    resources and initiates building Moomba pipeline which will add more new income. $16 million a year in dividends will be easily done then.
 
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