IMO JH has been doing his best to update the market on information as it flows through. Expect more news around 6 November 2009... before, on or after this date...
Announcement on 23.10.2009
"In accordance with the dispute resolution process, a senior representative from each of the Company and Petroleum Exploration Australia Pty Ltd (PXA) met yesterday to negotiate, and will continue to negotiate until at least Friday 6 November 2009, using all reasonable endeavours acting in good faith to resolve the dispute in connection with PXA not executing the deeds of assumption in relation to the farm-in by Red Sky Energy (NT) Pty Ltd."
CTP Price at posting:
13.3¢ Sentiment: Buy Disclosure: Held
