CTP 3.92% 5.3¢ central petroleum limited

size of resource is very large, page-85

  1. 1,396 Posts.
    Mr J,
    Thanks for the info. Will SAV many headaches in the future:)

    Mr Ya,
    ya must have had a sly grin as we busted our brains the other day:)

    Mrs Peel,
    it's not likely CTP will "simply run out of money" unless we had simple management imo. Thankfully we have around 12-15mil ish in the bank & management do seem to be taking a conservative approach to spending at the appropriate time imo whilst negotiating our next step with current & potential partners. We could be in a much worse position. Eg: those with many 10's 0r 100's of millions in debt, some even selling resources which are nearing cost price as they battle to make repayment's. Would not be a happy place to be but it's happening out there atm.
 
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