CTP 2.08% 4.9¢ central petroleum limited

hey ctpo holders, we're in the money!, page-13

  1. 494 Posts.
    What news can they announce to get the options in the money? 10 months to go.

    A new oil discovery? We'd have to drill for that. I haven't seen anything to suggest that is going to happen in the next 10 months. Don't forget the "wet season".

    Start of production? Well that might cover the quarterly cash burn at 400 barrels per day.
 
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