CTP 0.00% 5.3¢ central petroleum limited

oil begins to flow from surprise, page-20

  1. 1,639 Posts.
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    Doodlebugger, thanks for the sarcasm, however if you have held CTP shares for as long as I you may start to become sarcastic about CTP management announcements rather than fellow posters comments on this site.

    If you couldnt be bothered searching for the announcement why did you other posting this rant in the first place?

    I have already clearly outlined to you that:

    On 20 June 2012 we were advised that the company had begun flowing the Surprise REH ST1 well. We were also advised that "logistics for transport have been co-ordinated which will allow the first load of oil to reach market at or about the end of next week"

    I know it is only the start of the week following the next week, so they are only late by 3 or so days, but it is the POINT OF IT that matters. If the BOARD considers it is consistently tolerable to publicly announce information that it knows FULL WELL that it will not meet those deadlines, what you have is a disfunctional board.

    In regard to your comment " First truck is not newsworthy" IMHO that is a huge load of manure. Are you telling me that the first OIL SALE EVER by this company isnt important? Of course it is important. It is like your first poured gold bar if your a gold mining company.

    It may be inconsequential in regards to monetary value, but in regards to proving your ability to do the things you say you are going to do, then it is hugely important.






 
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