CTP 7.69% 4.8¢ central petroleum limited

may be star of the good oil conference, page-32

  1. 225 Posts.
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    Robs 12,
    Im pretty sure a takeover at only $1 dollar , for most here would be selling short, and id hate to think we would get taken over for $1! try Camdenbob's magical *$8*, that would be more par value than $1!

    -1.2 trillion tonnes of coal seam gas does not = $570 million dollars. More like tens/hundreds of billions, and never to forget the large Oil and Helium resources abundant in our tenements.

    But i do agree with your argument that CTPO's provide more leverage, to higher profits. Even if you do not have the funds to pay for the 16 cents , the market will be 17 cents or 16.5. Go CTP onwards and upwards! MrWallst
 
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