CTP 1.92% 5.1¢ central petroleum limited

ctp ... identity dilema, page-19

  1. 23,467 Posts.
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    ""## Bottom line with this company will lie in the next couple of quarterlies i.e. how much cash is Mereenie etc. generating now that the NGP is open for business and what does the profitability look like. Can't hide.##""

    Well mate, they have managed to hide it for nearly seven years now and they might find a way to continue doing it too. Based on past experiences, it seems that boards are allowed to do what they like and you will be wasting your time writing to either the ASX or ASIC, or both.

    As for profitability and quantity of gas and oil sold, just think at it in this way. Any company worth his salt wouldn't waste any time telling the market and it's shareholders any good thing that the company is doing let alone telling them how much gas they are selling and the profits expected from those sales. HERE with CTP, we know nothing.

    I rest my case.
 
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