You are making it up to suit yourself as you go along. There is nothing in Dalton's post saying that it was his decision to stop drilling any further wells.
Especially when it was his suggestions (according to what many are saying) that the horizontals were to be drilled.
What was wrong with drilling at maximum depth and used horizontals once again lol. Especially when they proved to be successful in the first place.? Especially when both JH and Dalton told me that the 2D seismic we have available was good enough and adequate for drilling purposes.
And, like Karl is continuing to ask many here and no one bothers to reply. Why couldn't we have moved that drilling rig to drill elsewhere where it would have been more than adequate to do what was needed to be done there, instead of letting it go? Especially when we were told that the money raised from the CR was going to be spent for drilling purposes!! Definitely not for Litigation costs, roflmao.
And one more thing Ravi. Everyone in CTP knew, yes including Dalton that the rig they had available wasn't capable of going any deeper to be able to reach the Horn Valley Silstone and the Pacoota sandstone, so why proceeding if they already knew that it wasn't able to do the job??
Answer me that Ravi. No conjectures please. Just supporting evidence.
There is more than what eyes can meet on this one mate. And, reading what one wants to read in an announcement, doesn't help anyone.
Buddy
CTP Price at posting:
44.5¢ Sentiment: LT Buy Disclosure: Held
