CTP 1.89% 5.4¢ central petroleum limited

Ann: 11.10.11 CTP's WA Amadeus Applications , page-20

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  1. 1,639 Posts.
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    re: Ann: 11.10.11 CTP's WA Amadeus Applic... While I wish I could share everyone's enthusiasm, the wording of the announcement really doesnt highten ones confidence for having any drilling done this year.

    First of all, why say: The Company plans to re-enter Surprise-1 to drill to total depth, log and flow test any encouraging zones in October 2011, ie the December quarter,

    And I accentuate the words "ie: the December quarter"
    Is this deliberately put in to ensure they still have November and December if they dont meet the stated "October 2011". And if so, why say October 2011 at all.

    Surely, as of 11 October, you are going to know whether you are going to get a drill contract signed, a rig mobilised and a drill in the Ground within 20 days. I admit being an absolute layman, but surely all this isnt going to happen in 20 days?!!?

    Why cant CTP every come up with a straight talking, straight shooting, specific company annpouncment that tells its long suffering shareholders EXACTLY what it is going to do and WHEN!
 
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