CTP 3.64% 5.3¢ central petroleum limited

johnstone misinformation, page-14

  1. 2,405 Posts.
    see collateralised debt obligations for a real time example of how bundling a few 10 percent chances of success together do not result in the equal of one true low risk proposition.

    a 40% chance of success would be something like a step out from a producer 300 meters updip.

    4 wildcats are still 4 wildcats.

    it is the hope of a big find that keeps us backing ctp, not the low risk.
 
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