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6.3¢ central petroleum limited

CTP MISLEADING LANGUAGE and USE OF BARTER, page-3

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buddy134

24,386 Posts.

176

23/08/20

09:34

Post #: 46745210
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Originally posted by aabbaadd ↑

Language continues to be problematic for CTP executives. In Quarterly presentation Orange drill was described as " largest exploration prospect to date " and " could be very large discovery. " Zevon " potentially much larger than Dukas. " Despite the seductive language the only thing that has moved the share price significantly down was earlier downgrading of resource and now upgrading of resource, moving share price modestly variably up - those events indicate shareholders are have become desensitised to companys use of boosting words and concepts.

Company comment about Dukas drill costs was more comprehensible. " To be clear CTP may have to put money into Dukas redrill." Previously cost is given as AU$3 million. If CTP recovers 15 % of Dukas ownership, which is one possibility, taking its total ownership to 45 %, it would then pay AU$4.5 million of Dukas drill cost - redrill could, given geological complexity, exceed budget and cost CTP more.

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Yep, the reality of it all is slowly slowly raising it's ugly head and start staring at us in the face.

Where is the money for that.?? Hello CBA are you willing.??

Like you wrote before could this now be the story of the house of cards.??

Over to you.

CTP Price at posting: 9.7¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.3¢		Change -0.004(5.97%)		Mkt cap ! $46.62M

Open	High	Low	Value	Volume
6.3¢	6.6¢	6.3¢	$4.861K	76.89K

Buyers (Bids)

No.	Vol.	Price($)
1	123589	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	49924	1

View Market Depth

No.	Vol.	Price($)
1	123589	0.063
1	322580	0.062
2	158999	0.061
1	150000	0.060
1	500000	0.059

Price($)	Vol.	No.
0.067	49924	1
0.068	99826	1
0.070	622745	4
0.071	109956	2
0.072	25262	2

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 6.3¢			Change -0.004 ( 5.97 %)
Open	High		Low	Volume
6.3¢	6.3¢		6.3¢	8261
Last updated 15.58pm 03/06/2024 ?

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