I am not savvy enough to know exactly what the process is to do testing. If casing is the first thing that has to be done that could explain the delay, and the decision to do this could have been made after 3.55pm on Friday. I was thinking more in terms of them running high tech gadgets in the hole to do testing. My post really was about the logic of the drilling holt. The particulars to do the testing I have no real knowledge. I presume if they case the hole they could at a later date continue drilling??
Hopefully we find out tomorrow, I half expect a trading halt at 9.55 am. Only my opinion I have no insider information. It would be a lot easier for holders if we have good/great news Monday.
Saltbus
Ps. We all have become accustomed to bad news from CTP, I don't think bad news is inevitable
CTP Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
