CTP 3.85% 5.4¢ central petroleum limited

value of the johnstone prospect, page-2

  1. 3,084 Posts.
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    "...then we find that CTP would have a value per share of $4 [with oil at $A5 ] and $8 [with oil at $A10 per bbl."

    Perhaps, but I expect they would end up issuing more shares before they got that much out. I think they will need to raise more capital before they have enough income for growth.

    Karl
 
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