Yes and also their "In-house estimates of potential Undiscovered Gas Initially in Place (UGIIP) and Undiscovered Oil Initially
in Place (UOIIP) in this acreage range up in excess of 200 Trillion Cubic Feet (TCF) of gas and more than
several billion barrels of oil."
To put that in to context, the Gorgon project off Barrow Island has 40 trillion cubic ft of gas that is set to become the largest project in Australia.
That is enough gas to supply a city of one million for 800 years.( Its life is likely estimated at 60 years.!!)
So the hype has some merrit imo...Worth a punt at a few cents.? i reckon..
market psychology, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $39.22M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.2¢ | $55.74K | 1.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 720712 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 299908 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| CTP (ASX) Chart |