CTP central petroleum limited
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battle not the war, page-9

  1. PGFin
    2,195 Posts.
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    15/10/09
    12:28
    Post #: 5783086
    Beatle says -

    "CLEARLY the wording in the announcement this morning has considerable legal overtones and inference of loss of commercial opportunity by CTP, and I am personally very confident that this step (and the farm-out to ROG as part of it all) has been designed to bring it to a head now".

    This is legal speak for "sign now as you are in breach and you are legally bound under the JV to do so. We will enforce you to do so if required".

    Everyone should re-read the announcement as I think Beatle has read this perfectly.
    CTP Price at posting: 13.8¢ Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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