CTP 7.27% 5.1¢ central petroleum limited

the spoiled generation, page-16

  1. 1,224 Posts.
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    Good on you Colin and Tassie. These non-holders who clog up threads with negative unfounded rubbish are a pain in the posterior. It's not just on CTP, but CTP seems to cop more of them than most other stocks.

    If they had something factual or intelligent to say, I think we would all be happy to read their posts and take note of what they have to contribute, but when they just post baseless negative nonsense, it really becomes quite annoying. I wonder whether some of them need professional help.

    Your comments about the new appointments to the CTP team are spot on, Colin. These highly-qualified people are not going to quit other positions to join a company which is about to go belly up.

    CTP appears to me to be closer to success now than it has been at any time in its history. Certainly it's going to need more funds to complete the drilling programme, but my guess is that a JV or farm-in will will most likely cover drilling costs.

    If the company does carry out another capital raising at some stage, I hope that it will not be at any significant discount to the SP. I would much rather see some free attaching options offered as an inducement to invest, rather than a reduction in the offer price.

    Cheers, Mike
 
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