CTP
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0.00% 5.4¢ central petroleum limited

rspt win?

  1. drewperrett
    349 Posts.
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    30/06/10
    09:18
    Post #: 6853063
    Word is that the Government will today announce a revised tax proposal for CSG LNG projects. Apparently a PRRT (Petroleum Resource Rent Tax) will apply instead of the RSPT and will be more advantageous for these projects.

    Does anyone out there with knowledge of the industry know if this will be much of a positive for CTP?
    CTP Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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