CTP 1.47% 6.7¢ central petroleum limited

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

  1. 1,066 Posts.
    lightbulb Created with Sketch. 142
    " 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.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
6.7¢
Change
-0.001(1.47%)
Mkt cap ! $49.59M
Open High Low Value Volume
6.5¢ 6.7¢ 6.5¢ $6.538K 100.5K

Buyers (Bids)

No. Vol. Price($)
1 9000 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 49924 1
View Market Depth
Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
6.7¢
  Change
-0.001 ( 3.08 %)
Open High Low Volume
6.5¢ 6.7¢ 6.5¢ 177
Last updated 15.58pm 31/05/2024 ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.