CTP 3.85% 5.4¢ central petroleum limited

are bonds capping sp of ctp , page-12

  1. 178 Posts.
    As the first line of my thread mentions
    Yes, its time for Mgmt ie JH & his CFO to reconsider the Bond arrangment as per Announcement dated 14/04/09

    Time to RECONSIDER this arrangement
    I know for many of you this may seem like a lifeline, but why cant we alter the terms of this arrangement.

    I cant understand why JH cannot go to his CFO & say
    "Matey, WHATS THE DEAL WITH THE BONDS?"
    There's a bit of a stinkup in Hotcopper over this & it seems like its not going away .. fast. We have options about to expire June 2010 which may get us a good chunk of funds.
    Lets look at maybe deferring for a few months or amending some of the conditions as these guys (ACBO) are getting a good deal and we want to be seen kicking some butt to get the oppies in the money.
    Our ducks have lined up for our drilling & we have appropriated a 2nd drill, lets see if we can do something about the Bonds.
 
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