Very cheap. More discoveries, more value.
Also remember the mystery negotiator regarding Blamore or more.
Central Petroleum Limited (CTP) has reached agreement with a third party with interests in the energy sector for the entity to fund the costs of the recently completed drill stem test programme at the Blamore 1 well. Final costs of the drill stem test programme at Blamore are yet to be determined but will be in the order of $600,000. In consideration of the funding, CTP will grant to the entity access to results of the Blamore well and an exclusive option expiring on October 6th 2008 to negotiate a farmin over some or all of CTP’s acreage together with an issue of shares. No terms or scope have been agreed at present.
(market announcement 28Aug)
hello simpson, page-7
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Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 300000 | 1 |
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