Australia's largest stock trading and investment forum Australia's #1 stock forum

CTP

3.85%

5.4¢ central petroleum limited

great result, page-22

First 22 Last

Share
Profile

Follow
aabbaadd

1,131 Posts.

167

05/09/17

16:46

Post #: 27012468
Share

Originally posted by TheSupremeCommander ↑

Much like in medical research, you need to have a entry, growth, and exit strategy. Predatory VC capital is required, and dilutive. Don't fall in love with any company as it requires different funding and skills throughout time. You guys are going to have volatility, dilution, and uncertainty. That is the nature of resources juniors, and medical research start ups, they both require the best experts and predatory finance to get over the line. I love Benetech as a researcher, and would love to invest, but there is fierce competition by much bigger companies that are likely to upstage you (Hep C, as a case in point). Another company got through clinical trials and FDA approval first, so their RNA interference technology couldn't compete. Who knows, a massive resource may be developed in the East coast market that doesn't need fracking, or more likely that solar power mothballs gas fired power stations thanks to storage solutions from Elon Musk or someone better from China. Accept that or move on.

Analyse everything, or be a victim.

Expand

Battery storage is not the solution. Nor are other " renewables ". RENEWABLES are not cost competitive and will get 60 BILLION in SUBSIDIES from AUSTRALIAN TAXES until year 2020. When voters begin to realise what a lie they've been force fed by Greens, Labour Party, Peter Garrett and other miscreantes there will be intensified churn in governments and Pauline Hanson may become Australia's first ever female Prime Minister elected in her own right and her own Party. Gas is integral to Australias future, CTP will explode in value and long-term CTP shareholders will all move to leafy suburbs shortly after that.

CTP Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

What's causing the cost-of-living crisis, and how to navigate it

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%