CTP DEVELOPMENT POSSIBILITIES, page-336

WHATS NOT TO LIKE ABOUT CTP

1. AU$25 million in cash
2. increased sales margins as old contracts roll over
3. all production sold 2024 at higher market prices to N.T. Govt
4. 2025 new N.T. Govt take or pay contracts for all gas produced at higher market prices
5. new reserves and income March 2025 from completed Mereenie crestal wells.
6. 2025 revenue around AU$64 800 000 million.
7. 2026 revenue around AU$79 200 000 million
8. cascade of energising news including :
i. Palm Valley new wells adding additional substantial income
ii. Stairway drills with enhanced insights adding new proved reserves and income.
iii. Mount Kitty farm out confirmation with drill start scheduled September 2025.
iv. Dukas drill following M.Kitty completion.
v. Dukas success reignites allready partially done plan for Amadeus to Moomba pipeline ( goodbye NGP ).


9. flatlining shareprice
10. no dividends
11. no indications BOARD is in touch with shareholders perspectives.

BOARD ACTION REQUIRED :

vi. declare SPECIAL DIVIDEND 2 cps paybale early December 2024.
vii. follow S.D. with quarterly dividends half cent a share ( annual equivalent 2 cps ).
at share price 5 cents dividend yield is 40 %

SHAREHOLDER ACTION CHOICES : in absence of dividends above

viii. second SALARY STRIKE AGM 2024
ix. lodge 249D removing 3 DIRECTORS.