CTP 3.85% 5.0¢ central petroleum limited

darwin gas plant, page-19

  1. 1,396 Posts.
    CHUMPINATOR,
    Can't say that I entirely agree with what you're saying there I'm afraid. You seem to be only looking at this thread not the fact that the company is on the path to early conventional oil discoveries as well as to finance future drilling. Next hole (Simpson#1). Specifically targeting oil. As was Baltimore#1.

    Oil will certainly help the company go it alone if need be through faster funding.

    In the long run GTL will be the big money spinner for the company.

    140,000 barrels a day from a GTL plant for the rest of our lifetime cannot be discounted.

    If we get a big partner things will move much faster than we've seen & even a 5000 bbl/day find will pale into insignificance compared to the proposed GTL plans.

    As for the share price...who cares if some take fright. I'm accumulating & looking into the future not what happened on the markets yesterday or last week:)

    As for what will make it move...are you saying that a big gun on board will not?
 
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