CTP 1.92% 5.1¢ central petroleum limited

Ann: Central Petroleum on the threshold of East Coast Gas Sales, page-27

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  1. 5,334 Posts.
    lightbulb Created with Sketch. 581
    Deep shale plus zero infrastructure and still in the proof of concept stage of play maturity. Any commercial sales from the Beetaloo are at least 10 years away IMO.

    Sentiment is poor at the moment but ultimately the market looks at hard numbers. When CTP can show the earnings to justify a higher SP the market will follow.
 
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