CTP 0.00% 4.9¢ central petroleum limited

Sav-J Thanks once again into the great insight of the mega...

  1. 3,033 Posts.
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    Sav-J Thanks once again into the great insight of the mega potential of CTP's GASES (both CBM and Helium)potential and I strongly agree CTP needs FAST FAST CASH FLOW (quick)!.

    UNFORTUNATELY there are two negatives that plague CTP for now.
    ONE -the market is slidding downwards so even if CTP said gas gas -the general view was HOW much and NO Production so why get excited.
    TWO -CTP will probably be a BILLION dollar producing company in about 3 years BUT investors obviously want money and cash flows well before then. So let wait and see.

    BUT if and when a few more holes are drilled with all showing GOOD GAS FLOWS (and lets not still forget OIL sooner or later)perhaps a bit of interest from say CHINA or INDIA or even USA companies is well on the cards.

    SO the next 2-4 drillings are critical if that interest is to appear.
    JH bring on the drillings as quickly as possible with no more dramas hopefully.
    Cheers GUYS. Once again good luck is a coming this week(ie better news announcements)!

 
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