CTP central petroleum limited

0.00%

5.5¢

great stuff Camdenbob. Stock is up 50% now in a couple of weeks...

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MJM23

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28/10/16

10:37

Post #: 20192057
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Originally posted by Camdenbob ↑

I attended the Sydney shareholders presentation last night and once again, was very impressed with the comments and enthusiasm of RC.

Of importance was his comment that he had never seen a company with so much "optionality", he also said that the Jemeena pipeline is a certainty to be completed (as they have liquidated damages in the same amount as building it) In other words there are a plethora of deals available to CTP.

He also said he would NOT do a Cap Raise (Unless he had no choice) BUT at today’s prices he would not do t .

He also said that CTP would be very interested in buying the remaining 50% of Meereene.

Also that the Moomba pipeline would also be built.

He also mentioned that there is a gigantic Gas shortage about 18 months away and if NOT addressed soon enough by the pollies, then the manufacturing sector will shut down and that they will never restart.

He said that he anticipates a rerating of the SP about 12 months.

He also mentioned that Rod Simms (Chairman of the ACC) said that CTP was the only company that could save Australia from the looming Gas shortage.
Exploration is down by approx. 75% in the gas arena and CTP is well placed to satisfy the demand.

All looks good , subject to normal political and business vicissitudes

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great stuff Camdenbob. Stock is up 50% now in a couple of weeks so the story is definitely gaining some solid traction. The beauty of it is that shareholders will be very, very sticky holding this one for the next 18 months or so. What I mean by that is the selling will be minimal as who really want's to offload? I'll consider it at a $1.00..........maybe, maybe not.

CTP Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last 5.5¢		Change 0.000(0.00%)		Mkt cap ! $40.98M

Open	High	Low	Value	Volume
5.4¢	5.5¢	5.3¢	$2.456K	45.65K

Buyers (Bids)

No.	Vol.	Price($)
2	275393	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	127247	1

View Market Depth

No.	Vol.	Price($)
2	275393	0.053
4	480000	0.052
4	940000	0.051
4	560000	0.050
1	100000	0.044

Price($)	Vol.	No.
0.055	127247	1
0.058	6030	1
0.059	326120	2
0.060	140000	1
0.067	149268	1

Last trade - 15.58pm 25/07/2025 (20 minute delay)

CTP (ASX) Chart

great stuff Camdenbob. Stock is up 50% now in a couple of weeks...

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