CTP 9.26% 4.9¢ central petroleum limited

ctp's new drilling tech should be good as usa, page-2

  1. 314 Posts.
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    CTP now has a number of people with good operational experience around drilling and specifically in central Australia that I met at the AGM. I would be very surprised given RC's network if he does not put the right equipment and people in place given his extensive contacts throughout the industry.

    My understanding is that Total is effectively handing over USD 48 million for CTP to run the exploration in the Southern Georgina basin, if they have confidence in CTP, then by default I do as well.

    I have made a big bet on CTP so like most people I would like news more often but the reality is that the timelines cannot be compressed and we all need to be patient or realistic regarding our expectations. I check for announcements every day despite knowing that it could be any time until the end of February until we get any substantial news.
 
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