CTP
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0.00% 5.4¢ central petroleum limited

Not quite my position, OGP. CTP has a full slate of projects and...

  1. Ashentegra
    2,299 Posts.
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    12/10/18
    23:29
    Post #: 36110045
    Not quite my position, OGP.

    CTP has a full slate of projects and works ahead. Net Profit may look modest - because the cashflows will have been spent in their execution and expensed. Loans will be paid down some, more importantly the balance sheet will have grown substantially so the debt will shrink relative to equity.

    CTP will at least try to enlarge the Qld CSG acreage , IPL won't mind - Jeanne Johns just wants early, cheap and plentiful gas.

    Aa2qsh
    CTP Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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