CTP 6.12% 5.2¢ central petroleum limited

ctp set to rise sharply when farmout finalised, page-2

  1. 121 Posts.
    Thanks conix.

    Also important to point out that CTP is seeking to expand its works to other prospects which could contribute to the "delay" in the drilling schedule as it needs to be presented to the JV partners, and possibly additional ones too.

    from the Quarterly,

    " The substantial cash injection received by the comapny during the quarter has provided the Group with the resources to enable it to carry out an expanded works program in Central Australia, where the Company has numerous prospective permits."

    Cheers
 
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