? really a capital raising, page-7

If the building got storm damage, you take out insurance. That way your wealth is not greatly affected.

This here, is going to have impact on some peoples pockets. Especially those who are already up to their eyes in CTP.

With ROG, attempting to wriggle its way out of its finacial obligations. Who says BG won't do the same? Your acting like this is not a big issue rayz, well let me tell you it. Legally ROG has to fulfil the obligations under the terms of the broad acre farm-in. They still believe they have a positive option on a permit-by-permit basis. This is not the case. Hence, why it needs to be clarified immediatley. CTP announced this to the market on 29/12/2009. Clearly ROG did not get the message or we as CTP holders either misinterpreted the agreement or did not get the full details.

What makes CTP so attractive is it had a major part of its program funded by partners, virtually 50%. PXA paying 40% and ROG 20%. Now PXA and ROG seem to be crafting their own rules.

I can see why people are disappointed. The whole package was looking fantastic, now the game has altered and the record needs to be set straight. CTP cannot handle a portfolio of acreage this large on their own. If CTP makes exceptions for ROG, it will have to do the same for PXA. This is my concern.