Exploration news flow from three significant Amadeus wells (Palm Valley Deep, and two Mereenie wells) and the Range production test/BFS will be delivered by December 2021, with the strong likelihood that one or more of these events will significantly impact Central’s share price positively, with the high potential impact Dingo Deep, Dukas and Orange 3 to follow in CY2022. The potential of Central’s portfolio has always been present, but the lack of funding has encouraged the market to ignore it. That will change in the next six months.
Official website: https://centralpetroleum.com.au/
ASX on Hotcooper: http://hotcopper.com.au/asx/CTP