Word on the street is Black Tip is likely going to disappoint,...

Word on the street is Black Tip is likely going to disappoint, and WM30 will be another good result (like WM29).

Per the subject report, production can then be ramped up quickly via "Mereenie and Palm Valley through new development wells and appraisal of the Stairway sandstone at both Mereenie and Palm Valley".

This could then quickly turn CTP into a cash cow, and our SP back in double digits (at long last!). Wouldn't take much of a share buyback to put a rocket under it.

Lots of folks are tired of the disappointments and probably want out of this stock ... however would encourage all to hang tight and don't sell just yet!