CTP 3.70% 5.2¢ central petroleum limited

oz csg sector timeline, page-10

  1. 864 Posts.
    Surely they'll prove the gas producing capacity of their coal holdings, i.e. convert to reserves, one way or another in less than 18 mths and also have more info on their helium and oil resources

    The right results on the coal resources alone would take the SP well over $1. They would immediately become a T/O target.
    If for some reason they can't produce gas from the coal, that's a different story. I don't know how likely that is. Some of the GEO's may have a better idea.

    If the SP is going to get over $1, IMO it has a very good chance of doing it this year.

 
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