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1.96% 5.2¢ central petroleum limited

Pipeline Announcements Supporting Crib Point LNG Import Facility, page-6

  1. conan77
    184 Posts.
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    15/06/18
    13:48
    Post #: 33737140
    These import facilities put a cap on future LNG prices. I am not factoring in a GSA with over $10 GJ, so am not worried about it. RC has mentioned demand destruction a few times, so my take on this is that he wants a situation where everyone wins. A price between $8 & $9 provides a very good profit for CTP and allows companies like IPL to stay in business and provide employment for Australian workers.
    CTP Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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