ctp on verge of its 1st farm-out deal - afr, page-47

stiffy84,

If the AFR news is correct and we are going to get $15 per acre, while we are only currently showing a value of $2 per acre, the sp would have to increase. Or so one would hope anyway.

But it all depend also on how much cash we are going to get in return for our troubles. And, don't forget most of the JV's also entails that both Joint Venturers ahsre the costs of drilling and explorations.

Don't also forget, that we are only speculating as no one knows the full terms and conditions of the deal. If we have one that is.