CTP 3.77% 5.5¢ central petroleum limited

mutiny on the horizon. , page-78

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    Lauzza wrote:
    "What does scare me is if the board in realising their days 'could' be numbered may attempt some radical moves like signing a JV or farmin to increase their credibility and may sell us short in doing so."

    Lauzza, I don't think the board would be that foolish. It's my understanding that as soon as the S249D notice (the required documentation for shareholders to called and Emergency General Meeting) is served on them they are in "caretaker" mode, and will not be able to sign any major deals like farm-ins or JVs.

    - Karl
 
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