CTP 0.00% 5.1¢ central petroleum limited

clc article, page-4

  1. 1,482 Posts.
    Quote from the Alice Springs News article "Mr Liddle says the process of obtaining exploration or mining approvals on Aboriginal land is deeply flawed

    CLC director David Ross and general manager Bruce Nystrom were questioned at hearings in February about mining royalties.
    Senator George Brandis said: “In 2007/08 there was a distribution of only something a little short of $7.5m although there were receipts ... of some $23.5m ... I’d like to know who the payees of those sums were"

    I am thinking that the Central Land Council has a corporate governance problem and possibly needs investigating by the ICAC? If it is within their jurisdiction?

    The CLC might be the biggest hurdle that CTP has to overcome?
 
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