CTP 7.69% 4.8¢ central petroleum limited

new announcement, page-25

  1. 10,475 Posts.
    lightbulb Created with Sketch. 7
    Good point Karl. It does swing on a dime, with small volume.

    At least they have the $80 million dollar bond facility and farm in arrangements where exploration costs are shared with the partners (or paid by them).

    Personally I am sure no one likes the share price but then the market isn't great in general. The wire logging will move the price (either way - lol).


    "total coal intersected maybe greater than detailed"

    If the results were the same - they wouldn't have said this, if the results were not as good - they wouldn't have said this, if the results were possibly greater - why would you say it and then face disappointment? My personal opinion (IMHO), is that is the best they could say without breaking announcement rules.

    Thoughts? Happy to have people disagree. That's my .14c worth.
 
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