CTP 0.00% 5.3¢ central petroleum limited

Hi bruham, If you do not wish to wait for the latest results of...

  1. 309 Posts.
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    Hi bruham,

    If you do not wish to wait for the latest results of the drilling that has and is occurring you do not need our approval and I would have thought that it has nothing to do with any other shareholders. The value of all the "spec shares" has slumped lately due to many factors , including the temporary fall for the price of oil. Have a look at "Far" which announced a possible large discovery and subsequently lost momentum very quickly.

    I was happy with the latest update from Central and appreciate the explanation of the strategy that has been adopted for an increased focus on the exploration for gas, including a commitment to drill Surprise East.

    My strategy is to hold for the present time as I can see a lot of upside for this company because of their tenements, joint ventures , management with a proven track record etc.etc.

    FYI.I was a top twenty shareholder in a company called "Hardman Resources" and was well rewarded for my support and patience. It took at least five years to achieve their objectives.

    Good Luck to you, Klaas DYOR
 
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