CTP 1.96% 5.2¢ central petroleum limited

It’s a bit early but there is huge possibilities with He and NG...

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    It’s a bit early but there is huge possibilities with He and NG in Southern A. If they find 2000PJ of NG and 200BCF of He that would add 700PJ delivered over 20 years so 35PJ or $50M PA with NG and $300M total of He at $50 per 1000cf

    It’s gotta take SP to $2 plus so following santos southern A exploration and in Moomba pipe announcements CTP could launch above $1 with take over offers there abouts. This will have to happen in 2020 and one would have thought Moomba pipe needs to be humming with gas by 2023 to prevent demand destruction and to beat the Victorian gas and NSW gas to market (following lifting of moratoriums under the reality of demand and employment destruction)
    Last edited by justinmetals: 15/05/18
 
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