CTP 1.89% 5.4¢ central petroleum limited

where to now

  1. 3,032 Posts.
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    Obviously some of us old faithful believers had an attachment with Blamore but time to move on to Chapter 2.

    Still Blamore did deliver a decent payload be it gas that we cannot yet cash in. Maybe after the next 2 CBM drillings good chairman JH can enlighten us with starting days for GTL plant (if not sooner of course).
    There are now a number of GTL plants operating worldwide and the learnings of the technology should be now sufficient to move the idea along quickly.
    Possibly if thing go well we could be looking at a 75000-250000 barrels of diesel a day production within 2-3 years (assuming CTP apparent +++70 Tera Million cubic feet are only the start!).

    Still CTP however is in that dream stage. However things could dramatically CHANGE given that the real world economies (China and India) are still growing at about 10% and energy demands will one day soon demand VERY QUICK change.
    CTP should actually be extremely well poised with these capabilities all now proving themselves highly likely of being delivered and given that CTP will most likely be the BIGGEST GTL producer in Australia within 3 years.

    Finally for now lets not forget Pedirkas showed OIL residues in Blamore.
    So that is a big UNKNOWN yet. Its there somewhere!
    Should OIL show in Simpson or Avalon or even CBM93000 , new life will certainly reappear in CTP failing vertues.
    All will certainly happen VERY quickly no doubt.
    So what potential CTP still $1, $2, $3,....within 1 year, 2 years??

    OK believe NOT DYOR if so!


 
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