~ 6 week wait!, page-8

A few things we have going for us:

1. Nearology to CTP's current working interests
2. Sagitar posted something a long time ago about the actual geology we are sitting on with our permits - I suggest you guys dig around for that post as it was VERY informative and shows how prospective the region is
3. We don't incur any costs for the evaluation and drilling of 127 and 128. Sure we give away some of the winnings but I'm happy to live with that for a free drill.

I was quite surprised the SP did not move with the announcement of the farm out. I was pleased with it.

Can't really put a $ value on anything until we see the evaluation results and predicted reservoirs. However we stand a very good chance of a multibagger from here and it won't be long until we find out. Nobody is putting any money into any speccys atm until they get more solid confirmation of numbers and probabilities - so if the numbers are good and the world economy rectifies itself, then we could be in for one heck of an interesting ride!!

Good luck all!
I'm quite excited about the 2nd half of this year... Only 2 more days of this crappy June left - bring on the new financial year!