Unless they have success with the helium exploration the growth of this company is limited without supplying the east coast gas market imo.
The N.T. gas market is the smallest, no spot market so without the eat coast it's business as usual until Arafura contract comes online.
"Gas development in the Northern Territory is driven by the exportmarket. However, if Beetaloo gas was to reach the Australian east coast market, thereis no reason that the equivalent amount of gas currently supplying the domesticmarket could not be redirected for export.In 2021–22, the latest year for which published data is available, 82% of gas producedin Australia was either exported directly or used by gas export companies to processthe gas for export as LNG".
https://australiainstitute.org.au/wp-content/uploads/2023/10/P1504-NT-fracking-economics-briefing-note-0811-WEB.pdf
Unless they have success with the helium exploration the growth...
Add CTP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.7¢ |
Change
-0.002(2.90%) |
Mkt cap ! $49.59M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 6.9¢ | 6.6¢ | $37.41K | 544.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 144999 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
|
|||||
|
Last
6.7¢ |
Change
-0.002 ( 2.90 %) |
||||
| Open | High | Low | Volume | ||
| 6.9¢ | 6.9¢ | 6.6¢ | 77990 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
| CTP (ASX) Chart |