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1.96% 5.0¢ central petroleum limited

just out , page-17

  1. 5hareholder
    6,591 Posts.
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    14/12/10
    20:45
    Post #: 7612404
    Hmmm, the problem with the wet season is not just that operations are hindered during the rain, but substantial floods can put a halt on things for weeks afterwards.

    The rains come in the middle of January and can last for as long as two months.

    You're probably looking at a lengthy delay of 10 weeks from today. Could be in the middle of March before the well is recommenced.

    Damn...

    :(
    CTP Price at posting: 27.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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