CTP
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6.25% 5.1¢ central petroleum limited

Quarterly report imminent

  1. Ashentegra
    5,486 Posts.
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    24/01/18
    10:47
    Post #: 30523339
    Last year the quarterly report for the period ending 31 Dec came out 27 Jan, so likely Monday 29 Jan.

    I expect gas sales revenues to be steady, maybe up a bit, with higher cash balances or debt reduction, less any payments toward drilling.

    The main interest is the timetable of the drilling program underway this Q.

    Production into NGP is 3 quarters away and counting. CTP will be a different company once it begins to supply Mt Isa.

    Ash
    CTP Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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