CTP 1.92% 5.1¢ central petroleum limited

Ann: Resignation of Director, page-39

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  1. 5,334 Posts.
    lightbulb Created with Sketch. 581

    Yeah I'm not doubting your claim of $13M over multiple years. I agree.


    Just wasn't sure where this all came from and whether it's partly from a take-or-pay contract with deferred delivery instead of a standard take-or-pay contract, which Note 15b seems to confirm. Disappointed to have to dig through the minutiae of the annual report to figure that out, though.


    At any rate we have a fair pile of deferred gas to deliver before we can start paying down the debt pile in any significant amount. And before that we need to refinance said debt pile.

    Last edited by psi81: 15/02/19
 
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