CTP 6.00% 5.3¢ central petroleum limited

ann: more cash to drill with, page-10

  1. 59 Posts.
    I am not against a capital raising if that is what they need to do.

    Grangeh

    Why are you not against Capital raising. We dont need anymore share dilution, We had 6.5m at the end of Dec and now PXA have chipped in another 2.5m, I really feel we need some direction here, They have drilled 2 holes for no result, What JH needs to do is instill some confidence and announce a drilling campaign, We have spent over 20m on Exploration and over 8m on Admin expenses to date, We need to start drilling and then if all goes well look for more capital to keep going.

    I have held since listing and will continue to do so.
 
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