CTP 7.55% 4.9¢ central petroleum limited

size of resource is very large, page-67

  1. 1,396 Posts.
    Thanks Conix,
    wow that's certainly opened my eyes up even wider.

    Like I said...

    "I like to be conservative...less disappointments in life:)"

    With that in mind we could possibly expect a bit less value per PJ considering the higher than average depth of our coal hence higher cost in drilling...

    But then again I suppose with the thickness of our coal...it could mean that we will need less holes per PJ if the coal is proven to have all of the necessary qualities.

    Hope I haven't just opened a can of debating worms:)
 
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