CTP
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3.92% 5.3¢ central petroleum limited

oil flows at surprise, page-10

  1. karll
    3,084 Posts.
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    21/06/12
    09:51
    Post #: 10332294
    From estimates posted back in jan and feb, 400 barrels per day will not be enough to cover current admin costs. This is why JH and dh wanted to drill a second well, so they could get enough production going to cover costs.

    As it is CTP will send be in a negative cash flow position.
    CTP Price at posting: 60.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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