CTP 1.92% 5.1¢ central petroleum limited

Gas Costs, page-5

  1. 242 Posts.
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    Ashentegra

    I concur with you.

    My perspective on 2019 is to set a modest base profit target and achieve it whilst being seen to pay down debt on a say 10 year amortisation.

    This in fact will be a major business transition attempted at a rate that should be recognised as a real achievement.

    I believe that CTP should be very cautious though of taking on too much during this period.

    As you say we need to protect Ooraminna either by negotiation or drilling and as psi81 said in apparent jest, (Notwithstanding advice from CTP geological information that we don't have access to) at least support the CTP board in giving it another go.

    Regards

    OGP
 
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