CTP 1.96% 5.2¢ central petroleum limited

cap raising!!!, page-55

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    Just a gut feel for me but I don't think that the CR will be offered to us and will be aimed at Sophs. I base this on the belief that they will want it done quickly and cheaply so that they can make on the commencing 3D siesmic of the 300km square area and develop a field if possible. JH did mention the word FIELD in the BRR interview and that will require more funds.

    The funds that they have already is committed I believe to others areas such as more holes for the Pedirka coals.

    I don't like capital raising as a rule but need to know more detail before forming an opinion on this one.
 
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