Ann: Change in substantial holding, page-50

Ravishankaray,

You stated:

"John Heugh was wrongfully terminated, but compensated to the tune of $1.6million by the Judge."

That is that he was wrongfully terminated with respect to the conditions of his employment contract, but may I suggest that it may have been better to terminate his employment within the conditions of his contract. That said IMHO it was the right decision to get rid of him, even though his vision to compile such an extensive number of exploration permits was possibly an extremely clever move. Time will tell.

You stated:

"John Heugh communicated with share holders and made them feel part of the team."

I humbly disagree. Yes I did get to speak to him once on the telephone, which I have not tried to do with RC but I gather this would not be easy from other posts on HC. I did have a free and open discussion with RC at the investor briefing I attended in Melbourne.

I remember the very large and I gather extensive reports from CTP when JH was in charge, which provided amazing estimations or predictions, of what CTP could become. I sold CTP at that time because IMHO it was just hype and I felt I was sponsoring a boys club that really wasn't doing much.

I can't remember the cost of production of oil available at suprise and its surrounds but I believe it would have been over $30US a barrel. So if CTP had contined on the path it was heading IMHO I believe it would be broke by now, so I'm glad JH was asked to leave.

RC developed a couple of plans which I have seen the merit of, so I have reinvested in CTP. If RC was not there I would not be a shareholder. I have found RC to be easily approachable in the correct forum and as such feel part of the company.

Cheers

Stoops