CTP recent Board changes removed disabling schizophrenic...

CTP recent Board changes removed disabling schizophrenic tensions. Latest announcement CY2020 near-term exploration programme plan introduces new dynamic most likely indicative diagnosis meglomania.

Manifesting in deciding to turn simple situation with simple choices into fractured tangled mess of ownerhips, corporate agendas, personal agendas, cascading recurring decisions and choices. Despite being unwilling to embrace goeologic fracing CTP are muscularly doing it to corporate, financial, shareholder structure.

CTP consists of two parts - production / near production assets and frontier prospects. Simple choices are :

1. retain mixture of production and frontier assets, use all production disposable income financing asset development and exploration,
never paying dividends, with drilling driven share market trader owners and their associated gyrating share price ( as seen recently ).

2. IPO frontier prospects, raising new capital from new shareholders, free pro-rate distribution of IPO shares to existing shareholders, retaining
producing / near-term producing assets in existing structure, paying 3 cps total dividend in two amounts, ( yielding over 5% and highly
attractive to income seeking holders ), grounding share price valuation around 60c.

CY2020 exploration plan introduces multiple companies into both producing assets, near-producing assets, frontier prospects - creating multiple ownership levels, multiple company development agendas, mutiple levels of commitment, multiple financial capacities, decison making complexities,
programme timing frustrations, budget cash flow tipping points etc.,

What is now simple situation transforms into developing ownership, corporate, legal, nightmare.

Where will the people creating this menagerie be when it is in full revelation ?

Creating endless small ownership positions, physical, corporate, financial, who would attempt to begin taking ownership of the situation ? Santos was motivated to escape complexity and demands it made on management when it sold Mereenie to CTP.

In essence CEO, CHAIR, BOARD repudiate owner / shareholders with this plan.

No analysis of company structure best able to drive corporate development has been published and it seems hasn't been made.

Previous corporate schizophrenia replaced with meglomania is ominous.

Owner / shareholders prepare to respond to calling of company meeting and voting 249D's following publication of comprehensive stage gated play exploration plan first quarter 2020.

Right now owner / shareholders should -

Vote AGAINST remuneration report, AGAINST re-election of Board, FOR spill motion.