CTP 2.04% 5.0¢ central petroleum limited

drilling campaign about to kick off., page-43

  1. 9,785 Posts.
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    Point is, with the potential for this to become a "resource" 7cents is a gift. No point waiting till it becomes a proven resource as the SP will not be in this range, hence why some of us, albeit 5, believe there IS value in the coal tenements, the value being early investment to partake in the upside that currently has 0 value assigned to it. Weather it's CSG, UCG, CTL, UCTL or a combination at some point the coal will be utilised. I have always had the view that this one will take plenty of patience and find it hard to believe so many investors that expect overnight results, just because it is not a resource today doesn't mean it wont be. It is not the IF but WHEN.
 
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