CTP 0.00% 5.0¢ central petroleum limited

Sharejon, I was merely comparing those other companies to what...

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    Sharejon, I was merely comparing those other companies to what CTP could be if it gets some production of oil going. If this company ever wants to be a producer at some stage then it will need to be compared to other oilers around who are trucking oil away by the barrel. Simply put, if CTP produce at a rate of 300BOEPD, then its fair value is 3cents. And as I have said already, it will take upmost of a decade to monetise their coal if the analysis that I've seen is anything to go by. If you can find a better way to value the company then please let me know.
 
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