Lending central some suggestions

Lending central some suggestions, and all done for free.

Many of past have stated that I am negative, continue to raise old issues and unable to relinquish the acceptance of poor performance. I present to you my personal business plan that should see central rise from the mess that they find themselves and begin to claw back some shareholders losses.

1) Surprise oil well

Unless an arrangement and/or plans have been made to sell the massive Surprise oil field discovery, bring her back on line, $200,000 per common month at today's oil prices is better than a kick in the teeth. The bring back of Surprise on line will not only bring much needed funds into this penny dreadful bank account but place some strength under a weekend share price.

For peet sakes, bring back some optimism and some good news by doing the very possible, the very simple and the very profitable whilst boosting moral.

2) Secure Gas Sales Agreements

We can all argue that Gas Sales Agreements (GSA) in today's high pipeline tariff Environments is crazy when they could be revised downwards soon. But but but, Jemena know what is coming and therefore any forward looking GSA should be able to be made in accordance with what a general new tariff scheme would look like mid 2017. Ability to sign a GSA now would provide penny dreadful with that much needed cash.

If the strategy for central maintains to be the waiting game, have it communicated so market are not left in a state of Marthur or Arthur syndrome.

3) Change of Management

A near 75% decline in share holder wealth alone should warrant consideration for change in management, I will not go into my dissatisfaction in these regards but bolstering central's ability to appreciate shareholder wealth and promote the organisation differently from last five years needs to be prioritised. There are many good folks able to hope onboard and assist central in these critical times.

Announce management succession planing strategies, they go down well with investors and promote mentoring and ambitions within the organisation.

4) Zipped at the hip

Central is struggling to cope with the vastness of its land holdings, the complexities surrounding central and in its transition from junior to significant producer of gas molecules. The only way Central can expand is to merge and/or be sold. Merger is limited in opportunities hence, Macquarie looks like a likely suitor.

Relinquishing duds

Central have silently relinquished some of its holdings, but why the silence? Central need to take a leaf out of most of the majors by dropping its non core assets and communicate its new vision and plans to the market. Much of the Marthur and Arthur syndrome is np dry much based on a lack of basic road map planning as opposed to coat tail ridding.

Marketing/Promoting

Central have not adequately told their story, the lack of sophisticated, the lack of support leading into year 2018 has hampered central's progress and as stated by central prior, been the genesis for MQG to buy central out due to market support frustrations. Ditch the comedic stand up presentations, dip into pockets and get yourselves some marketing gurus

Macquarie

Regardless of MQG's intentions, it would be foolish for Central not to embrace MQG with open arms. Central progress is very much dependant on MQG's assistance whether by means of financial or advisory. A cashless central is unable to survive, the only way for Central is for them to take MQG's hand and be absorbed into their mid term gas supply plans to the Eastern states. Should MQG take over central, this would represent the quickest path for central's independence. To accept further loans from MQG as required (80m) would place significant strains on central for years to come.

Take Over Offer

Much to the dislike of most, but based on the level of dilution, the level of debt and what is required to keep Central ticking, a reasonable take over must be made in the best interest of all parties. Mr Central, it is with disgust that I have to advise that you would be lucky to secure a 58 to 65 cent take over offer, let alone that laughable $8 none sense . Let's not beat around bushes and just go straight to the source and hand over the keys for this amount. Most would sell at above. 58 cent take over offer, most would be disappointed with this figure but realisation of could have been must be sidelined.

But but but, for the above to succeed, an individual such as the caliber of CoM is deemed essential for step changes to occur, so Mr. Central, the ball is now in your court.