Buddy, as you say it is your idea against mine. I’m simply giving my opinion based on my knowledge of the industry. I too have knowledge of how to run a large business and how to handle money. I completely agree with you that no O&G business makes money by banking it, but as I’ve said, it also has to be spent responsibly and a lot of people are involved in among the right decisions. If there was a way I’m sure they’d do it.
As for your comments about things being fishy, I can assure you I am not involved with CTP, STO or any company involved in Dukas, I simply saw these posts and thought I’d offer my objective view based on my industry experience in Australia, as I have seen people refer to equipment overseas being and good idea, but as I outlined there’s much more to it than that. I lurk the forums and rarely post, but apologies if some of my comments such as ‘armchair experts’ offended, perhaps I could have chosen better words there.
I wish yourself and all of the CTP holders all the best, there are certainly junior O&G companies in much worse positions than CTP, but I imagine it’s extremely frustrating to be so close to something exciting, and having all of the right ingredients to make it happen (cash in the bank, experienced JV etc etc).
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