CTP
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0.00% 4.8¢ central petroleum limited

todays west, page-6

  1. ravishankaray
    11,084 Posts.
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    20/07/12
    10:35
    Post #: 10459850
    If CTP divests its coal to Palmer, I would expect a reasonable sale price.

    What that would be, would have to be a reasonable amount for CTP S/H's, in light of its worth plus exploration costs, even though it will take years to develop, ... whether it be for the coal, ucg, or ucgtl .

    So, what is 1 Billion tons of coal worth ?

    $1 per tonne ?

    So, maybe $1 Billion .

    This might be Richard Cottees first substantial test.

    RAVI
    CTP Price at posting: 62.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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