Hi CB Even if the Moratorium on fracking is removed, fracking is...

First 4 Last

Share
Profile

Follow
Sher910

46 Posts.

03/04/17

13:15

Post #: 23815557
Share

Originally posted by Camdenbob ↑

Lest assume for a moment that R Cottee and MacBank have access to far better quality information than we as shareholders have.

I asked a question at the October meeting about the Moomba pipeline and he replied "The Moomba Pipeline will be built"

Now assuming that RC was well seized of the circumstances that Australia was ( is) facing a gas shortage and the "someone" out there was going to have it built.

Clearly that pipeline would either go through or be very close to CTP gas fields, and again on the basis that CTP was the only party that could satisfy the gas shortage ( according to Rod Simms) at the present time, then clearly such an announcement must make CTP more valuable.

However, if the Govt finances the pipeline and allows fracking as a trade off. then That will allow unconventional gas to be pumped through the pipeline to the detriment of CTP.

However, RC said in October

"If others are able to get there, there is a lot room for everyone else to come.
We could see a substantial drop in the transportation, which should change the tyranny of distance from the NT and economically relocate our fields through backhauling to the outskirts of Sydney"

So, that MAY take at least 2 years if the Fed Govt removes the collective finger from the anal orifice.

That makes CTP in the box seat for at LEAST 2 years.

So the timing of the current SOA makes perfect sense.

So one may be very cynical and say, we are deliberately being shafted. All for the benefit of MB and others very close to MB.

As Cottee said in his October presentation'

"and you can see something is rotten in the state of Denmark according to the ACCC…"

We don't have to go any further than the state of CTP, to be able to smell something rotten !!

CB

Expand

Hi CB
Even if the Moratorium on fracking is removed, fracking is going to be controversial and I don't foresee a lot of licenses being granted for fracking that way it wont effect CTP a lot.

If the pipeline is build it is a huge upside CTP ( I believe this is a done deal the govt has promised this pipeline in exchange of Xenophon teams vote on Corporate Tax cut ).

MACbank is buying CTP for a steal.

Last edited by Sher910: 03/04/17

CTP Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

There are more pages in this discussion • 5 more messages in this thread...

First 4 Last

Add CTP (ASX) to my watchlist

(20min delay)
Last 5.3¢		Change -0.001(1.85%)		Mkt cap ! $39.49M

Open	High	Low	Value	Volume
5.3¢	5.3¢	5.2¢	$4.152K	78.33K

Buyers (Bids)

No.	Vol.	Price($)
1	90146	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	31507	1

View Market Depth

No.	Vol.	Price($)
1	90146	0.053
4	328253	0.052
4	561685	0.051
4	375000	0.050
3	40418	0.041

Price($)	Vol.	No.
0.054	31507	1
0.055	100000	1
0.058	100000	1
0.060	99559	2
0.062	11500	1

Last trade - 12.41pm 12/11/2024 (20 minute delay)

CTP (ASX) Chart

Hi CB Even if the Moratorium on fracking is removed, fracking is...

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Hi CB Even if the Moratorium on fracking is removed, fracking is...

Top Stories

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News