CTP central petroleum limited
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Sorry Justin, this won't help CTP very much. Verdant will dig...

  1. Ashentegra
    5,992 Posts.
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    16/04/18
    17:03
    Post #: 32487637
    Sorry Justin, this won't help CTP very much.

    Verdant will dig and ship phosphate rock.  Maybe a bit of processing to upgrade from the low 10% in the resource. It is 220km SE of Tennant Creek, nowhere near a gas pipe.

    http://www.verdantminerals.com.au/projects/ammaroo-phosphate-project-nt

    The big gas consumption by IPL at Phosphate Hill near Mt Isa is in the ammonia part of making Ammonium Phosphate, which uses tons of gas. (They split the hydrogen from CH4  to make NH4, ammonia)

    I can't fault your enthusiasm.

    Ash
    CTP Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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