why sp not responding to progress!, page-46

Spot on PG.

The current campaign is 5 CSG holes and testing etc. Although we may have some pleasant surprises on the way in terms of coal depth, gas readings and net metres of coals it is the accumulation of the campaigns results and the prior drilling results that will allow Al Maynard to reissue a more comprehensive and definative assessment of what in fact we have and the potential for CSG and UGC etc.

A final report confirming or extending our potential reserves will IMO lead to a more proactive JV with BG. And without being told as much im sure BG is auditing and vetting all procedures and results hole by hole to ensure there is no funny business.

I would hope that a few watchers will jump on board as estimates are proved up by CTP well by well. This may help increase the SP.

An announcement made regarding the method/s to be used to monitise the coals/Gas which has support of the JV partners will IMO ignight the CTP SP. From a number of posts re discussions with JH the timing of discussions and announcement of same may be made in the short to medium term.

And while we wait for the final reports a couple of high potential Oil/Gas/Helium wells will spud in the next 3 to 4 months.

Lots of fun and games on the short term horizon for CTP.