CTP 1.89% 5.2¢ central petroleum limited

you call yourself an investor??

  1. 64 Posts.
    I've seen people complain about the directions of the company, how they are going back bringing partners in, the current SP and lack of direction and people are selling because they are simply fed up.

    well all i what like to say is that if you were a serious investor that knew your craft to sell now on the eve of a possible oil-find - we about 600m away - is madness! i mean sure there will most likely wont be 500 million barrels there but even if it were 32million barrels at the current oil price and with a 30% recovery of this well that was be roughly an equivalent SP of over a $1.

    I understand that it could be a duster but imho there is not stock on the asx with the potential for this kind of growth and it is well worth the risk, well worth it!
 
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