CTP central petroleum limited

The reality of investing is that some decisions investors make...

  1. 1,144 Posts.
    lightbulb Created with Sketch. 171
    The reality of investing is that some decisions investors make succeed and some don't - the aim is to make more profit than loss. All investors make some losses - James Packer, Lachlan Murdoch,Ron Brierley and a whole lot more i can't list have made losses. CTP is in position to capitalise on a unique market opportunity. There are competition,geological,financial,and market regulation risks to negotiate and are being energetically addressed and managed. Time line and milestones to success are : 1. Access capital - successful capital raising now in progress 2. Confirm gas sales marketing agreement with joint venture partner - now in progress 3. Drill - to begin asap after capital raise banked 4. Prove additional reserves 5. Certify additional reserves ( to be done before Jemena pipeline operating ) 6. Deliver additional new gas to east coast market ( January 2018 and possibly before ? ). Before August 22nd 2017 anyone can make submissions to AEMC National Gas Rules to advocate for adoption of International parity pipeline transportation costs to N.T pipelines to east coast ; this change significantly increases CTP's competitiveness. Achievement of these milestones transforms CTP's operating profits and capital value and shareholders wealth. In the meantime dialogue with M.D., Chair, and Board through short term opportunities : a. Annual Report end September b. Quarterly report and M.D. webinar end October c. AGM second week November. Pull the band aid off, release the pain,stabilise emotions and mindset - without that release recognition of opportunities and successful engagement with them remains blocked and whining,blaming others, and feeding into and reinforcing negative posting culture continues.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.4¢ $91.62K 1.696M

Buyers (Bids)

No. Vol. Price($)
1 449381 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 6030 1
View Market Depth
Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.