CTP 0.00% 5.3¢ central petroleum limited

news ctp ann (mon), page-26

  1. 1,873 Posts.
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    sorry Grangeh, I wasn't referring to the SP. It was actually a bit off topic, and a reference to bootleg's post that was punny in regards to the bad spelling and general malaise of wit and annalysis that has descended upon the CTP site.

    A bit sad when the major threads are now gossip about "I spoke to" , "he said" , "they said " etc. Idle bloody gossip. No announcement is no news. NO news is well, no news.

    I know it is a very frustrating time, and we could all be better off retelling good jokes rather than rabbiting on about gossip.

    At this stage the only concrete thing is the 5 CSG drills holes that will start soon. Maybe two weeks time.

    I have a question, What will a good result look like? I'm expecting over 100 metres of coal seams and that's simple. Wider coal seams better, no coal a disaster. But what about the gas content of the coal seams. I am very hazy about what would be a good or a bad result. And how do they measure this, what units do they report the results in. I'm hoping someone who knows this sort of thing could post the pertinent imformation or point us in the right direction to find such imformation.

    Time to get ready to understand the results that come out of the new drilling program. We don't want to have to relie on company spin or HC gossip, we need to be ready to understand the raw data when it comes available.

    Stay sane

    Saltbus
 
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