CTP 0.00% 5.2¢ central petroleum limited

Drilling will succeed. There is knowledge from 61 previous...

  1. 357 Posts.
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    Drilling will succeed. There is knowledge from 61 previous drills in the area to base it on. It will be done in areas of maximum fracture densities. Very good volumes of gas will be established. Contract for transport of new gas will be signed with NGP before it opens January 2019. GSA's will also be signed. CTP will be after tax profitable and have new expanded choices about how to spend the new money and prioritise those choices into a new bigger expansive company development plan including new exploration. Santos plans to drill the big intriguing DUKAS prospect January 2019. Helium ( higher value gas ) is anticipated as part of that discovery and that gives the additional choice of developing Mount Kitty to combine its Helium with Dukas Helium for transport to Moomba for processing. The trapped squeeze traders, day traders, swing traders, will look to exit during the spike in share price before 20 cents is reached in February / March. Continuing shareholders will see sustainable share price of 30 - 40 cents established after the traders lunge for the exit. These are my " outsider " thoughts and conjecture. DYOR
 
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