CTP 10.0% 5.5¢ central petroleum limited

Sydney meeting, page-79

  1. 2,215 Posts.
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    RC said we are just scraping by at the moment in terms of making a profit. If there is some type of adverse event CTP could easily default on its debt obligations and MQG gets our gas assets for nothing, leaving us worthless. If this scenario happens shareholders get nothing, zilch, nada, zero.

    Personally this is not a chance I want to take.
 
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