Wow - A lot of info in there ... they have been busy ... Will take a while absorb all that ... I did note on a skim that the Total JV Seismic is due between now and the next few weeks... Perhaps we will see what excited them so much that they decided upped the spend on Phase 1 ... I would expect a statement of prospective potential (ie a P10 at least but hopefully a P50) on Conventional and Unconventional targets in that region ...
Great to see the gravity and Seismic(2D/3D) on the numerous prospects ... As I said before If MT kitty is a duster it will be a minor hiccup in the scheme of things if Successful a company maker... Will read in more detail...
Interesting to note some folk selling out perhaps trying to time the announcements ... Risky game really IMHO... as if an +ive Ann comes out for MT Kitty (could be any time now) the SP will gap up strongly leaving behind those who jumped off. Personally I think there is more risk being out of CTP that in it at this time... but each to their own.
Counting down to the Surprise East spud... With a successful hit at Surprise east the share price will also gap/leap as given we already have a production license it would almost instant transition to profits ...
All is IMHO DYOR to confirm
CTP Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
