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Badfish,

Many thanks for your excellent response.

I was really refering to only the Surprise tenement when I suggested a 60/40 JV, and I was wanting 20 wells,

That makes it on your figures around $160 mil for the JV costs and makes our 60 % worth around $240 mil.

Now that was really just a hypothetical and should not be seen as a realistic situation.

I agree I am a glass half full guy, I simply dont understand how people can live in this great country and be negative.

I also do not understand how people cannot see that CTP has a unique foothold in Central Australia and literally has the potential to be another Fortesque Metal, all it needs is focus and persistance.

Good luck to us all.

CB