CTP
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0.00% 5.0¢ central petroleum limited

Friendly Speculation on next CTP Close, page-68

  1. OilGasPlanning
    451 Posts.
    lightbulb Created with Sketch. 1507
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    22/08/19
    09:41
    Post #: 40089625
    Agree with psi81 latest comments, thanks again.

    Modest as it is, the increased reserves from an independent tenement close to markets will IMO be a helpful shot in the arm for the negotiations on refinancing senior debt.

    The same should apply to GSA's.

    I was half expecting the trading halt to be for an announcement that IPL had entered into a long term GSA agreement with CTP.

    All good.

    Regards

    OGPP
    CTP Price at posting: 19.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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