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0.00% 5.1¢ central petroleum limited

I'm saying UCG should be close to last on the list of things...

  1. bagasas
    534 Posts.
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    27/12/09
    22:40
    Post #: 6085977
    I'm saying UCG should be close to last on the list of things that CTP should go for. It would require a lot of capital and a high oil price to succeed. Oil, conventional gas, CSG and helium offer more immediate returns. Perhaps once CTP is a producer with cashflow from these other resources it can look at exploiting the coal via UCG.
    CTP Price at posting: 14.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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