Another year and another quarterly unloved by the market that seems to be a constant for CTP. We should be pursuing surprise west and east in my view as with improved drilling techniques and a will to drill I believe we will greatly enhance our ability to earn revenue to fund our greater aspirations. I do think Dingo coming on stream will enhance our revenue but much of this will go to servicing dept and in spite of RC's claim to reducing cash burn the 10 million we have at end June won't last long unless we get other revenue. I am also (like others) increasingly suspicious of management coming up with different reasons for not drilling Surprise East as I feel he has lost his plausibility. Please tell us the real reason As I just don't buy the current or past explanations.
ally
STO Price at posting:
$14.56 Sentiment: None Disclosure: Not Held
CTP Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
