CTP central petroleum limited
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Unlike the East West Freeway Link the NEGI is not a publically...

  1. O&GInvestor
    740 Posts.
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    21/02/16
    23:04
    Post #: 17077991
    Unlike the East West Freeway Link the NEGI is not a publically funded project; it is privately funded with agreement by both the state and federal government (and included as a nationally significant project; http://www.9news.com.au/national/2016/02/17/17/55/nt-needs-investment-to-embrace-future )

    So to back out of it, are you suggesting the Labor government would pay a private company (Jemena) not to build the pipeline they were planning to pay for themselves anyway? That would be interesting.

    And there has never been any mention of the economics of NEGI requiring fraccing to be viable.

    Keep downramping guys…
    CTP Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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