CTP 0.00% 5.3¢ central petroleum limited

ann: exploration programme, page-6

  1. 671 Posts.
    lightbulb Created with Sketch. 14
    How is this a delay? As stated we will be drilling BEFORE the first week of December 2009, thats less then 3 weeks away.

    I find this bit encourageing

    "The arbitrator's award (or decision) will be final and binding on both of Central and PXA and Central looks forward to resolving the issue as soon as possible but meanwhile continues to co-operate fully and productively with its various Joint Venture participants including PXA on the execution of the Phase One 2009 exploration programme."

    I take this as meaning this is the last step and cannot be taken any further legally.
 
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