CTP central petroleum limited

no ctp is a coal company again, page-6

  1. 8,120 Posts.
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    5shareholder

    They did say that, But unlike a Large Public Compnay that has a single resource and cannot change direction very quickly CTP has numerious assets that require the Board to ensure that every opprtunity is maximised.

    I would be very angry if JH did not try and sell every type of asset we have as and when it is beneficial to CTP.

    I wonder if you would (and more particularly others) complain if JH announces next year that he has signed a JV with the Chinese or Indians and taht they will provide sufficient funds to allow a majour drilling program to take place .

    CTP needs JV as soon as possible, it needs one taht has VERY DEEP pockets and can be trusted not to try and take over CTP when teh respources are proven.

    As I said before I am disapointed that Surprise has been delayed, but I can not see any other appropriate decisioon at this time.

    A new drilling contractor may well be appointed next year and we are off agsin.

    I suspect but cannot say with certainty that 2011 will be a great year for CTP.

    CB
 
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