CTP 1.92% 5.1¢ central petroleum limited

CTP is hitting its marks. That is a clean month of full output....

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  1. 2,299 Posts.
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    CTP is hitting its marks. That is a clean month of full output.

    I earlier observed this would be a big year for unwinding 'deferred liabilities' for which CTP has already received cash.  And CTP says it will also unwind $22m in net debt.  The balance sheet will be unrecognisable in a year.

    The tie-in of PV13 looks later - probably engineering and more likely completed in April than June.

    Curious about this proposed mini refinery - transporting fuel to Alice would cost a bomb so prices are attractive.

    CTP is putting its hand up for more Qld gas acreage and would be highly regarded by Qld govt. 

    Keep it up, lads!

    Ash
 
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Last
5.1¢
Change
-0.001(1.92%)
Mkt cap ! $37.74M
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5.1¢ 5.1¢ 5.1¢ $11.38K 223.2K

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Last trade - 15.12pm 27/11/2024 (20 minute delay) ?
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