CTP company development / capital management

In full year NGP income CTP will have $25 million spending cash. Macquarie is to be repaid $22 million, expensive Head Office staff hiring is done / in progress ( will CTP need bigger Head Office and more support staff ? ), and together will exhaust spending cash.

CTP has numerous decisions to make about spending on asset development, farm-out ( at least in theory as it hasn't worked recently ), sell-down, divestiture, relinquishment, and proritising of choices.

Re-completions : Mereenie P1 & P3 are available for re-completion. what are benefits ? how much will it cost ? how long does it take ? timing
of events ? are they to be done ? what is plan ?

Re-drill : Dingo 1. original drill abandoned due to " mechanical difficulties ". similar questions to above ? plan ?

Wiso Basin : What is potential of " early oil and gas windows " here ? what work is necessary ? time to complete work ? timing of work ?
what would discovery be connected to / where ? costs of work and connections ? plan ?

New pipeline : Ooraminna - Dingo are there land access issues ? costs to build ? time to complete ? plan ?

Magee / Mount Kitty / Dukas : there is obligation to drill Mount Kitty before 6.6.2020 and again following year. will decision be made after Dukas
initial outcome known ? what are choices ? timing of decisions ? costs ? plan ?

Ethabuka gas discovery ATP 909 : what is potential ? what work needs to be done ? where / how would success be connected ? choices ?
timing of decisions ? plan ?

Surprise Oil Field : does it have value ? what is its potential ? is there work to be done ? choices ? costs ? timing of decision ? plan ?

Queensland Joint Venture tenements : free carried for first $20 million. then CTP has to put in cash. is there option to not put in cash
and reduce % interest ? what are choices / costs ? timing of decisions ? plan ?

This is substantial work to plan, organise, fund. Timing of choices is subject to unstable dynamic external events impacts. Cash income is bigger - - cash flow may be complicated by co-inciding spending. Capital Raising may be necessary to avoid new borrowing.

ASX guidelines : Complexity of CTP affairs makes imperative shareholders are regularly, comprehensively informed. In any situation this should be standard practice.

Social media comments continue seeking clarification, information, explanation without CTP responses.

Guidelines advise companies monitor social media and make corrective statements.

CTP did monitor social media during SOA with intent of legally persuing posters. Since then it has not made, and may never
have made, corrective statements. CTP should explain why it chooses to not adopt ASX best pracise guidelines.