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1.92% 5.1¢ central petroleum limited

CTP company development / capital management, page-47

  1. aabbaadd
    357 Posts.
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    19/03/19
    14:06
    Post #: 37810642
    Morgans have a price target of 21 cents " conservative valuation " based on existing 2P reserves ; values Surat Basin in situ JV Incitec Pivot at 50 cents GJ. sees increase in reserves principally Dukas as key value driver. Says gas is delivered to Ballera for $4.50 and Mount Isa for $3.20 and there are " large number of customers ..keen to take gas " at Mount Isa. Future potential not priced in. Predicts ebitdax growth FY 2019 2.9 and FY 2020 4.9.
    CTP Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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