CTP central petroleum limited
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So the gas price is to blame. Well, it is convenient to go with...

  1. prato
    1,590 Posts.
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    04/12/19
    19:12
    Post #: 41797354
    So the gas price is to blame. Well, it is convenient to go with this, but it goes a lot deeper than that, IMO.
    I was, as usual, derided foe suggesting that theSP would settle around 14.5c. Where are we now?
    So, IMO, the market sees CTP as going absolutely nowhere in the foreseeable future and in addition, any drilling in the future is at best speculative. So, punters have better fish to fry and at best put us on the back burner.
    Fact: The minute Santos retreated from Dukas we were stuffed. Range? Dream on, and this will happen when?
    Any news from Central? You know the saying " no news is good news", well in our case we should all be worried.
    I welcome anybody to prove how wrong I am, and therefore lift my spirits .
    CTP Price at posting: 14.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.9¢ 		Change
0.001(1.72%) 		Mkt cap ! $43.97M
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5.9¢ 172675 2
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