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1.92% 5.1¢ central petroleum limited

I don’t think we will see $2. The only way we will see anything...

  1. justinmetals
    1,934 Posts.
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    13/10/18
    17:46
    Post #: 36114323
    I don’t think we will see $2. The only way we will see anything between $1-$2 is if the Moomba pipe is built in by 2023 and the 70STO/30CTP JV (check?) starts firing 100-150PJ/annum down it (with us getting 30-50PJ/a) plus another 10PJ/annum from qld. Reserves would have to be good enough to indicate we might be able to sustain this kind of production for 10 -20 years too. Dukas Helium could add another 30c? Just my thoughts.
    Last edited by justinmetals: 13/10/18
    CTP Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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