CTP 1.85% 5.3¢ central petroleum limited

NGP Progress, page-17

  1. 2,299 Posts.
    lightbulb Created with Sketch. 243
    Good find, mongy.

    Looks like the feds just gave CTP $6m - to do something they were going to do anyway.

    That is nearly 8% of CTP's market cap. No tax cos substantial accumulated losses. Probably puts CTP into positive equity too.

    Sweet! Straight off the MQG debt or some extra drilling.

    Ash
 
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Mkt cap ! $37.74M
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