Psi81, sorry if I seemed to be implying 2P, def just talking about contingent resources. I thought considering the potential size of the Mt Kitty structure, that even a 2C figure might be fairly impressive... time and results will tell of course.
Freehold, fair points.
Although as I understood it, Santos is also looking to drill near Mereenie soon. As for the other wells which were expected to be drilled, perhaps some shuffling can be done... Total's rig is most likely now freed up for some unknown length of time...
Fair enough about your entry. I have bought about 1/2 the amount I want so far. I am looking to hold for about 2 years so perhaps have a longer term view on things, as by then CTP will either be T/Oed, morphed into a Mid tier O&G stock or failed terribly.
CTP Price at posting:
37.5¢ Sentiment: Hold Disclosure: Held
