JH did a great job pulling all the leases together and getting the company started, unfortunately he was not the right man to lead the company and delivering his own vision.
Consolidation had to be done otherwise we would be looking at a sub 1 cent stock. Given the state the company was in when RC took over he has in my opinion done a pretty good job, CTP is now starting to be recognised as having some potentially valuable gas assets in a time when gas is getting scarce. The pipeline will improve our value and position as a gas player. Increased gas shortages and the pipeline is also likely to push Santos into focusing more on the Amadeus basin sooner rather than later.
CTP Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
