CTP 1.85% 5.3¢ central petroleum limited

oz csg sector timeline, page-5

  1. 1,396 Posts.
    Thanks Ya,

    Seems to be a large discrepancy in some of the prices paid. It looks like Sunshine & Molopo's Gloucester acreage sold for a steel. I guess that existing infrastructure (& management) must come into the picture somewhere if the reserves were probable & proven.

    BG/PXA will also have to spend as many as $170m dollars on top of the $18M for PXA to earn a 20% stake in all of CTP's tenements. (According to CTP ann 311108 from early Dec 08).
 
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