CTP 1.85% 5.3¢ central petroleum limited

##""Is it digging dusters - or on the cusp of greatness?""## We...

  1. 23,467 Posts.
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    ##""Is it digging dusters - or on the cusp of greatness?""##

    We don't know as yet. None if us do. But based on their pats history, things aren't looking very good and promising at all. I suppose time will tell but you cannot deny that.....counting your chickens before the hatching is completed, is the wring way to go about it.

    And,::::


    ##""CTP has a revenue stream today, set to grow a lot when NGP opens in December.

    Riddle me that.""##

    You can riddle what you like and how much you like, but the fact remains, (and it is all in there in black and white for the ones willing to read it), that they haven't managed to make a profit as yet, and with a huge amount of debts to service as well. After all you can have all the revenues you like but, if you can't make a profit things aren't going to end up looking very good at all.

    Ask any bean counter what that does mean, and do not ask a Lawyer as he wouldn't know and/or he will twist it to suit himself.

    Perhaps MB will be happy with that because of what they have in mind with CTP, but definitely not good for the shareholders. No dividends ever coming our way with that mentality and ways of doing things.

    And don't forget that, all they told us about moving forward, is subject to Finance and whatever else they told us at the time too. Now, where is that "Subject to Finance" money going to come from.??

    There is no doubts at all in my mind that this company is very good at releasing informations. Especially selective ones.

    dyor.!!!!
    Last edited by buddy134: 31/03/18
 
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