CTP 1.89% 5.4¢ central petroleum limited

takeover target

  1. 3,032 Posts.
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    With all the chat about what is on the table for negotiation going about ie how much will QGC be entitled to once it starts farmin operations still raises a question?

    At this stage the discovery of Blamore1 CBM and CBM930001 - I assume all of this is pure 100% CTP (no farmins).
    So any negotiations to date are based on this figure that CTP has all this as their major bargaining device. Am I correct or not?

    So when QGC(BG) come in sooner or later how much of the bargaining device is it worth? I believe that any new drillings would also entail the ares around these two strikes but supposedly the arrangements with PXA would have entailed other distant areas to the north. So where do we still stand on all these areas of drillings be they in discovered areas or new ones?

    If and once of course major new area are discovered say next year perhaps then how soon does QGC(BG) move with that t....... word?

    Anyways wiating for the $5.75. Any ideas?

    DYOR please for more understanding of this.

 
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