CTP central petroleum limited
Add to My Watchlist 3.57% ! 5.8¢

Have to agree - take or pay agreement will provide revenue...

  1. numeraire
    438 Posts.
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    04/07/24
    15:25
    Post #: 74609724
    Have to agree - take or pay agreement will provide revenue certainty for CTP to initiate dividends, effectively guaranteeing half our market cap (2.7c per share) in revenue until 2030, and potentially beyond.

    A successful EOI means the JV will have a big drilling campaign ahead of them, so capital focus to be on this in 2024 and 2025, with dividends to flow after that.

    GLTAH
    CTP Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
5.8¢ 		Change
0.002(3.57%) 		Mkt cap ! $43.22M
Open High Low Value Volume
5.7¢ 5.8¢ 5.7¢ $7.336K 128.7K

Buyers (Bids)

No. Vol. Price($)
2 577943 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 27228 1
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Last trade - 12.20pm 19/06/2025 (20 minute delay) ?
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