CTP 4.17% 5.0¢ central petroleum limited

Good point Sav. An announcement with those sort of numbers would...

  1. 308 Posts.
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    Good point Sav. An announcement with those sort of numbers would have to give it enough momentum to push through at least the 15 cent resistance. Add to this news from the general meeting and we'll be looking good.

    Our big problem though, is that 5-7 years is too far away without finding a source of cash flow. Before we worry about the coal we need oil IMO to give us quick cash flow.

    Also, our company will struggle IMO to last 5-7 years without being taken over prematurely. :(

    Takeover would be good for those looking for quick cash, but for very long termers i see real money in this CTP building into a major.

    Any opinion on this from those with more experience is very welcome?

    cheers
 
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