CTP central petroleum limited

CTP DEVELOPMENT POSSIBILITIES, page-265

  1. 438 Posts.
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    Should be an interesting couple of months.

    First you've got the EOI out to the market, whilst PWC is desperately short gas and AEMO announces increased reliability risks for New South Wales and Victoria from 2024-25.

    Secondly you've got THs shareholder agreement for a takeover parcel of 19.8% - just under the mandatory 20% reporting limit - to sell at a minimum of 8cps before 3 July 24.

    Thirdly we just had two asx listed companies buy into the region with the Mereenie purchase, one doubling up and both cashed up looking to the EOI for FID on further drilling.

    These are 3 great catalysts for CTP, all to be decided over the next few months - IMHO probably the best prospects we've seen over the last few years.
 
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5.7¢
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-0.003(5.00%)
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