Couldn't agree more O&G. The Dukas result should be known in the next few weeks. My fear is if it doesn't meet expectations the share price will fall again. The irony is that the current asset suite and cash flow justifies a share price well above current levels (i.e. without Dukas!)
Either the message is not being relayed properly or the market is in disbelief. So how does the company get the serious (hold for the journey) investors to come in and buy big? Has Cottee damaged CTP's ability to be believed because of over-promising and under-delivering in the past? Is the board makeup (apart from Leon) right when they have no real skin in the game (except reputation) and seem unable or unwilling to promote the company? At least Cottee had some sort of following. Despite his flaws, he did some good things for CTP by rationalising the exploration commitments and moving into gas production/sales.
So if it's up to Leon, he needs his time freed up so he can get out and promote.
Denny Crane!
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