devonian carbonate play, page-15

Hello Grangeh, tasmanian 2 and bulldogsfan

I can see that at least we seem to have a quarem of similar opiniated members very focused on staying for the very long run.
Why because we have done our homework and probably know that evenually CTP will become one of the top 200 ASX share companies.

Unfortunately while they are not producing income they will probably stagnate BUT lets look again at past and present events.
(1) Pedirka HAS oil in the BASIN. It will be eventually be found.(Past drilling have found oil)
(2) Pedirka probably will reveal one of Australias largest CBM discoveries. A few more drilling will reveal this .
(3) As you reminded us Grangeh the helium plant in Darwin should be ready this time next year. Whos got the helium?
(4) So whats the problem with the price. Probably last weeks prices are the cheapest we will ever see.
Why?
(5) Answer - if whoever is now the BIGBIG farmin player does not get invited to become the permanent(and probably now unlikely) because THEY (the Farminer)sound capable of even taking over CTP and sound very definate about ALL of CTP mega acerage. Then I am sure there would be more than a few other farmineers willing to do so very soon and if and when the oportunity only came their way .
Good Chairman JH has been an absolute astute manager and negotiator and probably the recent CBM discoveries will be a catlyst for more possible BIDDING farminees -IF the most recent negotiations were to not eventuate.
Maybe the arrangements may be fast tracted and we will know something in about 2-3 weeks? What price CTP then?
Funding probably guaranteed for the entire drilling program! WOW WOW possibly up to 160 million dollars over 5 years WOW WOW!
Perhaps the most interesting 2-3 weeks EVER for CTP for number of fantasic reasons.
Cheers guys and a graet week ahead for certain.

For non believers please do your own research because some of us CTP addicts are biased.