CTP 0.00% 4.8¢ central petroleum limited

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

  1. 462 Posts.
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    Congrats Leon, your accounting background has had a measurable impact on CTP. Its gone from a relatively interesting and opportunistic exploration and prod. company to one where a big chunk of its assets have now been sold off (just before the gas price boom) and "negotiated" a delay of (I've lost count of how many) years to the final drill for the Dukas discovery.
    But... I'm sure the books look impeccable. Except... can you tell me why we are spending 785k/qtr and 1411k/qtr on staff, admin and corp. in a Company that has outsourced its strategic review and is effectively in care and maintenance?
    GLTAH
 
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