down we gooooooo.....to 7.5c?, page-19

Amel,

I must admit that so far I haven't seen or heard anything that has convinced me to further invest in CTP through the capital raising.

That presentation posted yesterday shows that 3 out of 4 JV partners are in "partial default".

As you mentioned, Ooaraminna 2 is now spudding in May, although in all fairness, previous announcements always said "as early as mid to late April".

Still no lab results for the CSG wells - yet constant talk about 100metres of coal. That's all well and good, but it hasn't helped the share price and isn't earning the share holders a cent. Still no plans on how to monetise it either.

The next CSG well is delayed due to rain - remember last year when phase 1 was going to start mid 2009 and slowly drifted out to the end of year? People raised the issue about drilling in the wet season. There were plenty of comments saying it won't be a problem....

No flow testing of CBM93-01 which was suspended as a possible producer.