Ann: Central Signs Drilling Contract with Ensign, page-51

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justinmetals

8,415 Posts.

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08/02/18

12:40

Post #: 30914464
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Originally posted by Liladime ↑

You asked justinmetals in a previous post what could anybody else do?
The answer is drill a long lateral hole in Ooramina to get a commercial flow rate and forget PV well.
If Ooramina flows at commercial rates then make this program a big Ooramina win and drill a second lateral in it while rig there. Then long term test and go and do broker road shows to get the share price right up and do another cap raise at 20c to drill more long horizontal wells into Ooramina whole testing the first 2.
Then after second drill program share price 30c+.

Drilling a single vertical hole like the other 2 which resulted in very small flow rates in Ooramina will kill your share price and especially with another dud at PV.

That is how to do it and do it fast.

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I dont suppose we can afford it. Its merely an appraisal well at this stage and who knows I trust the board / and CTP eos have considered your suggestion.

I trust this board know what they are doing especially over an anonymous down ramper on HC

CTP Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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Ann: Central Signs Drilling Contract with Ensign, page-51

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Ann: Central Signs Drilling Contract with Ensign, page-51

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