MSMN hold EP145 near and on trend with Mereenie. SRK Consulting report includes estimate of unrisked recoverable unconventional gas resources from Horn Valley Siltstone 1456Bcf. At current market price of AU$10 GJ thats AU$16, 168, 364, 171.80. Horn Valley Silstone occurs in CTP's areas and may also be source of unconventional gas ? There are other shale horizons in CTP's prospects. Similar sized unconventional resource on CTP area would increase asset value per share by 22.148 cps. CTP potential shale gas resources across its propects may be considerably more than that. How much more would that add to enterprise value ? Has unconventional potential been appraised ? What is plan to do so ? CTP needs big gas discovery to boost its value and price momentum - unconventional opportunities may be near existng infrastructure unaddressed.
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CTP
central petroleum limited
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1.72%
!
5.9¢

MSMN hold EP145 near and on trend with Mereenie. SRK Consulting...
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Last
5.9¢ |
Change
0.001(1.72%) |
Mkt cap ! $43.97M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.7¢ | $4.364K | 74.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 564138 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 172675 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 564138 | 0.057 |
2 | 224795 | 0.056 |
1 | 100000 | 0.055 |
2 | 108144 | 0.054 |
1 | 18870 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 172675 | 2 |
0.061 | 137146 | 2 |
0.062 | 10000 | 1 |
0.067 | 149268 | 1 |
0.068 | 409677 | 2 |
Last trade - 15.15pm 20/06/2025 (20 minute delay) ? |
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CTP (ASX) Chart |