CTP 0.00% 4.8¢ central petroleum limited

quarterly report out , page-41

  1. 1,490 Posts.
    lightbulb Created with Sketch. 1
    EPT & 3 D have had enough time to be completed.

    Should all be ready and analyzed.

    Stalling is ridiculous.

    Obviously the info is at hand and they are working out what to do with it.

    There are international lenders that would jump at this opportunity. Fields aren't discovered every day you know.

    A $150 mill credit line wouldn't be able to be drawn down fully from day 1. It would be structured in portions to be tapped into as the risk is eliminated stage by stage.

    It's like construction finance.They don't give you the lot up front. A building Surveyor comes out and ticks off your progress so you can tap into your next stage of agreed funds.



 
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