CTP 1.92% 5.3¢ central petroleum limited

has this got a chance?, page-2

  1. 11,084 Posts.
    BRB,

    Who knows ?

    Shareholders would like to think they are right this time, but in the past there have been reports ranging from, before consolidation, from 32c, 46c, to $5 to $10.

    Multiply those figures by 5, and that will give you now what was projected, ... $1.60, $2.30, $25, and $50, (sounds pretty good doesn't it ?).

    Everything hinges on whether/when a Production Licence will be issued by NT Govt, and whether Mt Kitty is completed early March, (don't think so), but if successful, then maybe options come in and company pockets $48m.

    Too fine a line IMO, for this to happen, but still time, Who Knows ?
    good luck.
 
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