Thank goodness that some news is out about possible drillings again maybe in November. And again JH is stressing the interest of the discovered CBM with farmin possibilities
.."Discussion has also continued with several POTENTIAL NEW ENTRANTS" into the Joint Venture and some of this discussion has focused on potential modification to the previously planned 2008 programme and possible extensions thereto in the light of results obtained to date, especially the extent of coal with Coal Bed Methane (CBM) potential which has been indicated by the drilling programme in the Pedirka Basin" - still wonder if Antboys comments about possible QGC being ONLY ONE of a 'few' others noting QGC part alliance with also BG Group - " QGC has an alliance agreement with BG Group to develop the Australia Onshore LNG project in Queensland" but Im sure BG would also have MORE than stong possible INTEREST about CTP possible MAMMOTH CBM finds at this stage also. Wait and see on this one of course?? but todays announcement is still very positive given that maybe PEA maybe taken over (again rumour from previous posts)- so intersting times ahead. Finally what a miserable day again on the stockXchange for most stocks but good to see CTP stabilize somewhat this week. Cheer fellows and thanks for your post!
CTP Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
