I am yet to see reflected in the share price the gift of 50% of Qld gas-prone acreage and $20m for drilling announced 1 March.
CTP's market cap of $116m remains very modest compared to its assets and the increased revenues set to flow in December when NGP opens.
Cue a conga line of comments about the big loans from Macquarie. Yes, we all know. RC plans to grow around that - a credible claim.
Ash
Ann: Mereenie WM26 Spuds, page-49
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