Assumptions predicated on concerns that Gas sales contracts are not finalised at this sensitive stage are may confuse shareholders.
My understanding from attendance at the Sydney road show and AGM is that CTP are holding back on entering into gas sales agreements in expectation of better prices in a rising market and that to enter into agreements whilst haulage costs were being negotiated would be premature.
Unfortunately many shareholders were unable to attend the briefings and AGM and I can understand the concern some posters may have.
If anyone has information to the contrary please feel free to comment.
Best regards
OGP
CTP Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
