CTP 0.00% 5.2¢ central petroleum limited

announcement just out, page-37

  1. 1,834 Posts.
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    I am sure that you would...Try and remember that here we are almost halfway thru the year..by the time that the 3rd planned cbm well is drilled it will be end of September..allow another two months for laboratory analysis and we will be at the end of November..That is presuming that there are no delays to the programme.These dates are from CTP's timetable,not mine...now

    "depending on the results of this exploration program, SUBSEQUENTLY, GSG aims to do an IPO" etc...those are GSG,s
    words, not mine..
    So there we are at the end of Nov. before GSG will decide on an IPO or not..Mid-December,the country goes on holiday, and Grangeh is looking like the fool he is..
    If GSG do decide to float an IPO, then early 2009 is my GUESS...

    Clonmel, your sequence of events is reasonable, your timing is not...



 
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