CTP 7.69% 4.8¢ central petroleum limited

Form 10-K: Dingo Gasfield only 18 Bcf NOT 30 Bcf as reported by CTP!, page-27

  1. 26 Posts.
    Dingo 18 BCF Probable gas only. That is a fact. That is what Magellan said before they wanted to sell it.

    Amazing how it was quoted as 18 BCF for so many years until just recently. Now its what? Common!

    Palm Valley only 11 BCF Proven reserves. That is enough to light up a good size factory for a about a year. We paid how much for this? The Palm Valley Plant valued by Magellan as $370k. How much does CTP say its worth $15M+. That is a joke IMO !

    Common again! The Company is too much in holiday mode. I hope the Company didn't stuff this up so bad that we go insolvent within the year. That is why i am a seller.

    Company to shareholders.....Here is the Deal you see.....Behind me.....Here is the Other Deal You Do Not See!

    Adios haha
 
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