CTP 0.00% 5.4¢ central petroleum limited

All fine that we have recognised known reserves and current...

  1. 1,042 Posts.
    lightbulb Created with Sketch. 94
    All fine that we have recognised known reserves and current infrastructure plus potential sales revenue, even the helium and Ooraminna etc etc. However just to raise the idea that the vast majority of the 270000 squ. Kms Ctp tenements are totally under explored a total unknown and hey just a hunch but I would rather bet in favor that there could be several more palm valleys, Mereenies and gas laden dingoes than against.
    I remember the % organic material locked away in those deep formations if ever the ban on fraccing is lifted..and if the science says its ok if not then dont do it. Having said that I would also bet there is a massive amount of resource that can be commercially recoverable and I do not believe any of this has been accounted for. Imagine how hard you will kick your own ass if it became the new Moomba.
    Hang in there lets stick together and dont sell until we have belted the b j aysus out of whoever wants it
    Cheers
 
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