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7.69% 4.8¢ central petroleum limited

Form 10-K: Dingo Gasfield only 18 Bcf NOT 30 Bcf as reported by CTP!, page-5

  1. ravishankaray
    11,084 Posts.
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    20/07/14
    23:28
    Post #: 13687435
    If this is the case, how did Cottee and his expert team get conned, (or see the value), into buying this, with all those professional advisers, (one would think), on board ?
    How could a company , with all the necessary info at finger tips, get it all so wrong, without someone questioning the true reserve potential and life of the fields and ability to supply the agreed gas volume ?
    CTP Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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