Ann: Annual Shareholder Roadshow, page-18

Hi All,

I forgot to mention that RC stated that apart from JH's payout, the company would have made a profit in the last quarter, covering all administrative costs.

One thing I meant to ask was about, but didn't, was CTP's obligations to Total for its percentage of the drilling costs at Gaudi and Whiteley. In the market release from the 24th of September regarding the share placement of $6 million at 30c (unfortunately for holders a good deal for CTP looking at the SP at the moment), it states that 'in conjunction with existing cash reserves it will ensure the company has the capital required to fund its gas exploration program and normal Company expenses'.

If anyone clarified with RC at the other meetings whether he believes CTP currently has the funds to pay for the Total expenses I would be very interested to hear. If this is true then we are cashflow positive (just) going forward, with our capital costs covered, and able to access cheap capital, which would be the best situation CTP has been in financially since.... well since the seven or so years I have been watching/holding the stock.

If anyone can clarify the Total situation I would be much obliged.

Cheers,
Digging