CTP central petroleum limited

Ann: Palm Valley PV13 Drilling Update, page-34

  1. 24,386 Posts.
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    And,

    ""##The exploration program is progressing, with drilling anticipated in 2019.##""

    It went from a definite 2019 to anticipated. Yet it doesn't specify as to when in 2019 either.

    Anticipated definition:.......""regard as probable; expect or predict.""

    Nothing definite there.

    And the cash ""##The Company recorded a net decrease in cash of $5.1 million ##"". That is even after selling gas and oil and receiving full prices for it during the quarter.

    And they are telling us ""##The Company remains committed to executing its strategy to create value for all shareholders##""..Increasing and/or create value for all shareholders.....................Go Figure.!!...... Create value for all the shareholders they say....Well, You could have fooled me...........
 
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