CTP 1.85% 5.3¢ central petroleum limited

I don’t buy into manipulation talk. Basically if someone wants a...

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  1. 1,934 Posts.
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    I don’t buy into manipulation talk. Basically if someone wants a piece they will but it. Mac aren’t manipulating bugger all in my opinion since they now hold $3m bucks worth. I’m afraid the market thinks 9c is the point at the moment.
    I can see a painful wait until the following keys
    1 Moratorium outcome in March (only positive)
    2 Drilling and gas shows feb/March
    3 Production facilities and announcements of cap raising for, keeping in mind oily gas from merenie.
    4 This of course will depend upon blending potential and other drill results in q2,3,4 at other drill sites where gas is less oily.
    5 Gas pipeline reform outcomes June
    6 GSAs post June

    A lot of hard work and uncontrollable levers here plus I can’t see first gas ready upon NGP completion
    Last edited by justinmetals: 07/12/17
 
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5.3¢
Change
-0.001(1.85%)
Mkt cap ! $37.74M
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5.5¢ 5.5¢ 5.3¢ $39.37K 724.3K

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4 350627 5.3¢
 

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5.4¢ 209525 1
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