CTP 7.69% 4.8¢ central petroleum limited

C'mon give Don a breakIf I can recall correctly, this is still a...

  1. 178 Posts.
    C'mon give Don a break

    If I can recall correctly, this is still a democracy & freedom to utter complete nonsense (although unwanted) is still legitimate in this semi socialist state we call Oz.

    Mags
    I agree on most of views/points wrt CTP
    HOWEVER, RCBs are NOT THE SAVIOUR that so many of us believe it to be.
    At a max of $1m per issue, how many can we pull off the rest of the year before we drag our sp to nothing ???
    DO SH REALLY THINK THEY CAN JUST TAKE OUT $20/$30m amounts. Even if we were to DAMN the sp & pull out $1m/mth we would only get $9/10m by the end of the year.

    The facility itself has only $70m odd left & once we reach $50m in drawings, another prospectus is to be issued for the last $30m.

    Cmon guys/gals & everyone else, if RCBs (BONDS) were such a Fantastic financing facility
    WHY IS THIS NOT A MUST HAVE IN EVERY OTHER SPECCIE???.

    There must be over a hundred speccies out there in exploration of iron ore / coal / oil / gas.
    JUST NAME AT LEAST 3 Speccies WITH RCBs ???
    (shouldnt be too hard for all who put into so much effort into DYOR)
 
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