CTP central petroleum limited

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5.9¢

CTP Fracking, page-50

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aabbaadd

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28/08/19

08:59

Post #: 40187615
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Originally posted by aabbaadd: ↑

Movie " Erin Brochovich " is well known, well made, popular movie detailing dishonest corrupt North American company polluting water poisoning people nearby. City employees are shown similarly dishonest and corrupt. Its based on recent real North American event. New book " Amity and Prosperity " by Eliza Griswold describes poisoning of people from frack fluid pond and dust impacts. It involves technical incompetence, dishonest, corrupt company behaviour and dishonest, corrupt, sociopathic government conduct, associated with illness, death, social schisms and disruption. It is based on contemorary real North American event. Its powerful drama and may well be made into movie / t.v.series / radio prorammes / documentaries etc. ( if it hasn't already been ). Well made the dramas will be credible, undermine public confidence, have an attitudinal / behavioural impact ulimately intensifying hostility to exploration. What this makes clear, again, is that industry has to be science based, systematically careful in exploration, highly skilled in field activities, honest, frank with shareholders / public / media etc., and making timely continuous disclosures. Long history of successfully and responsibly fracking in Australia isn't well known and disastrous incidents like those above are frequently sighted by anti-fracs to mobilise hostility to fracking here. This shows, again, importance of CTP, other exploration companies in area, local industry, national industry jointly organising, co-operating, building community awareness and confidence about industry knowledge, skills, practice, trustworthiness etc., Fracking is integral to comprehensive prospect exploration by CTP and CTP must actively engage wide community to underpin its ability to proceed in rational planned way. Failure to do this may be ssen by shareholders as failure of duty and be basis of shareholder class action ?

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The Christian Science Monitor August 24 2011 article " Virginia quake : What the numbers say, and what you experience " discusses the felt experience of seismic events. It also discusses the current metric " moment magnitude " ( MMS ) used instead of Richter Scale. Contrast physical reality with leveraging political mumbo jumbo spiritual considerations in dealing with science based well implemented practice. Relevant to CTP now in several prospects particularly with MSMN EP145 near Mereenie outlining AU$16 billion unconventional prospect.

CTP Price at posting: 18.5¢ Sentiment: None Disclosure: Held
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CTP Fracking, page-50

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