CTP 1.96% 5.2¢ central petroleum limited

You think me a ramper? OK. You can think that. Go right ahead....

  1. 2,299 Posts.
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    You think me a ramper?  OK.  You can think that.  Go right ahead.

    The works program is clearly outlined in presentations. Back on 11 April. I observed Mereenie WM23 would complete around July 3 and little news could be expected before then:

    https://hotcopper.com.au/threads/an...4232470/page-16?post_id=33705373#.Wy7UwKczaUk

    You may want blow-by-blow updates from the company.  I am content to wait until RC has something tangible to say, in 10 days + analysis time hence.

    The question why the share price hasn't increased I attribute to investors distaste for risk.  The current hole may be a duster. It happens. Best laid plans of mice and men, etc.

    I think CTP is worth ~40c once NGP starts sucking molecules. Others have different views. We shall see.

    Ash
 
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