CTP 6.12% 5.2¢ central petroleum limited

time to punch throught the resitence, page-16

  1. 1,396 Posts.
    FatTony66,
    IMO the current drilling program is very exiting & this company has enormous upside given their estimates of 35-70tcf of gas not to mention the likelihood of oil finds.

    Seems you sold out on the Baltimore 1 cave in @ 1300m? Can't understand those who sell the lows especially when the company is in the most exciting time of its history due to the drilling program of 7 holes (from memory) in the next 5 months. Let's not forget that Baltimore 1, although not reaching oil due to the cave in, did tell us that there is high quality gas down there & very thick permeable coal of 168 odd meters (from memory). Very exciting imo & shares going @ bargain prices!

    Having said that well done keeping the oppies I guess that lowers any risk factor which makes it a good investment choice.

    Regards Tasmanian.
 
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