I think the main point is that it now says Mt Kitty has been logged and suspended, rather than logged and abandoned, which is somewhat encouraging. It would be nice to have a bit more detail on the gas analysis, but I don't know how long this takes, my understanding from prior drilling is they do initial onsite testing and then a formal lab analysis. Hopefully we will get more info over the next week once the formal analysis. (But this is CTP so I would not hold my breath and maybe tune into the ABC!)
CTP Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held
