Eddie, Thanks very much for that breath of fresh air ... much appreciated ... at least some people are keeping their eye on the main game! ... and that is SURPRISE!
I believe that getting the 3D seismic underway and conducting the EPT is the key to unlocking the CTP value for ALL shareholders and not the self-interested few who have recently declared an interest in CTP (CP and WESI and maybe Hess)
Why do you think there's all this 'movement at the station' now?
If, as some have surmised, CP wants to 'take over' ... well now's the time to do it ... if WESI do in fact want the coal ... well, now's the time to make a play ... BECAUSE THEY CAN GET IT CHEAP!!!
If EPT is successful over a fair period and 3D seismic shows more promising leads ... CTP WILL NOT BE CHEAP THEN!!!
So sell out for 16-20c from where we are now... cos I don't think CP will offer you a premium of more than 60-100% of what we're trading at today ... OR ...
Hang in there for the battle between CP, HESS and whoever else wants to come to the party after the good people of CTP working on commercialising SURPRISE have done what we're all supposed to be on about ...
FINDING and COMMERCIALISING OIL !!
CTP Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
