bhp prepares to join rush into aust shale, page-11

every now and then i bang on about it..............

The reason our sp hasnt gone higher is we have very little CASH

$200M MC with relatively very little CASH ???

We are hamstrung by this.and RC obviously knows this.He is walking a tightrope.A large number of posters counter argues "We are covered for a year"

Well Mr market has trouble with that... as per sp.

I would love BHP or SHELL etc etc etc on board but we need a deal with CASH $50M to $100M

If RC can manage that then watch our sp run hard IMHO
A big JV with a BIG cash upfront deal IS THE REAL VOTE OF CONFIDENCE in CTP's acreage holdings; not the deals done so far

"CASH IS KING"