this extract from AFR.
it is part of the problem of costs relating to getting CTP gas to market.
I found it sobering.
"Santos said it was "working on a number of opportunities in the domestic market" but declined to comment on commercial discussions. It raised gas transportation costs as a particular hurdle, pointing out "it costs more to transport gas from Queensland to Sydney than it does to send to Curtis Island, load on a ship and deliver to Northeast Asia".
OGP - there is capital available for O&G explorers and producers in the current environment, to enable them to develop their resources. If they cannot do it now in this crisis environment, then they will never do it.
Witness Senex, Cooper etc
There will be other examples.
An option for your idea might be some sort of Convertible Note.
it would provide debt to CTP, and be convertible to Ord shares, maybe when gas starts flowing into the NGP pipeline?
It would be far cheaper than getting more debt from MBL, and s/h could participate and take the higher upside.
ALL that would be needed is for RC to get some sort of indication of interest.
But the $$$$ needed by CTP would be significant I expect.
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $39.49M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $57.63K | 1.067M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 62844 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 62844 | 0.053 |
4 | 643012 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 100000 | 1 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 150000 | 2 |
Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
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