CTP 0.00% 5.2¢ central petroleum limited

Ann: Trading Halt , page-159

  1. 1,368 Posts.
    The other important factor not to be overlooked is the self confidence of CTP this is representes in the JV Partner default of funds notice announcement and the manner in which JH dismisses the importance of BG in their future plans in the BRR interview.

    Unless one is supremely confident in one own organisation and self belief, one would not want to bite the hand that feeds it. JH has done his fair share of hand bitting indicating to be that the two finger guesture to BG may well be real. The confort of bitting a feed hand requires some form of inside information that would make CTP comfortable that they have the finacial, technical and product to sustain them selves into a producing and profitable compnay.

    CTP brought in a layer later last year, for sure he has been busy and to date seem to have done an exceptional job. Employing people means that there is a clear intent for that position. This material capital raising may have been on the drawing board for some time, the pieces of the puzzles just had to fall into place.

    JH oozes confidence in his verbal and written communication and I support his decision, I would anticipate CTPs road map to success to be rolled soon, that will be done through the release of a few good announcements. Good luck holders.
 
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