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08:27
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Originally posted by chickenliddle
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I think all long term holders can relate to the mismanagement, failure of the company to deliver from different CEO's. Each has had their own dream of where to take this company. I finally believe we are now starting to make progress. Yes, our share price is down, surprisingly low considering we have a solid income stream and potential for growth. I personally put that down to someone trying to keep the price down, but that is me. We have significant upside if Dukas and others come true, I would be amazed if someone is not looking to have a crack at us once we start to show proof of our potential. We have multiple prospects that we will hopefully start drilling next year before Dukas is drilled. Dukas does not have to be huge if it has helium to be profitable. After Dukas, the rig will move to drill EP115/zevon which could potentially be bigger than Dukas, more gas and who knows maybe more helium. Finding gas is fantastic, having a way to get it to market quickly is critical in monetising the asset. The potential new pipeline is exactly what we need and really around the time we actually need it.
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I always knew Macquarie offer to take over CTP was good! And the SOA stood to pay on Dukas too if that worked out and convertible notes would have been another 20c so 40c all up. But all the hardcore here had to fight like CTP was worth a dollar.... absolutely dreaming!!
