CTP 0.00% 5.3¢ central petroleum limited

announcement : director buying, page-11

  1. 2,137 Posts.
    The wet season will be arriving in the next few months so no further drilling results for 18 months.so will probable follow bkp till further drilling is announced.bit dissapointing but what can be expected with no drilling.cottee should have had a rig there during the dry season tapping down a few holes.he has the contacts and is just a delaying tactic.no point having great jv partners if nothing is happenning on the ground.this will continue to drop till a drilling plan is announced.buy at 4/5c will be there st in my opinion.not much interest to maintain current market cap with no drilling and wet season coming
 
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