Magellan Petroleum Corp. (MPET)

[aetosellinas]

Very strategic move today. Very cost efficient and will eliminate a large overhead.

Investment here will flourish with time without a single penny dropped by Magellan.Central will move forward and expect to see milestones ahead as well.
PS CTP in Australia trading over .43 now, do the math and add the 20 million.
Much more to come, tip of the ice burg here...

Pursuant to the terms of the Sale Deed, the AUD $15.0 million of consideration in the form of Central stock will result in the issuance of approximately 39.5 million shares of Central on the Completion date, representing an approximate 11% pro forma ownership in Central's common stock as of today's date.