Ann: Quarterly Activities Report & Appendix 5B, page-2

A good report, nothing particularly new or exciting though.

Debt being repaid (finance costs <6% very good), farmout still being progressed (albeit at snail speed) and still planning to provide a Dukas plan in 2020. No news on Range still but suspect there are interesting financing discussions happening with IPL.

Per my previous post it seems 2020 was a failure for executing against planned and share price increase. That said, without a pandemic excuse 2021 should be huge! Let's think about it in order of value add;

- Range pilot with 2C to 2P conversion
- exploration drilling from farm out
- Mereenie drilling
- big rig order and mobilization prep for Dukas
- Moomba pipeline FID by mid-2021
- lower debt from repayments

Hopefully we might have Mick McCormack at the helm cracking the whip too.

Could the next 12 months be the best in a decade for CTP and its share price? God, let's all hope so...