CTP 1.85% 5.3¢ central petroleum limited

R Cottes logic is flawed., page-20

  1. 11,085 Posts.
    Compare our company with Beach, ... just done a gas deal with Adelaide Brighton;

    http://www.adelaidenow.com.au/busin...n/news-story/255d08d6a93aa38b983d4397bacf8ed9

    "The direct agreements are part of strenuous efforts by the cement and building products maker, which uses up to six petajoules of gas a year in its kilns, to cut its energy bill."

    Compare this with the estimated 7.4 PJ per annum gas for CTP, as OGP estimates.

    Is Cottee for real, stringing out share holders since 2012, all hinged on a long term gas plan that might not be worth much at all to share holders, except the MD, BOD and management themselves, ... just like a private company.
 
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