egm updates, page-116

The huge amount of press CTP has been getting will mean that this stock is far better known now than at any time in its past. It sets the stage where a good oil flow from surprise could start to drag in some more serious investors and help push the price up.

In the end we need JV partners we have too much land to do it all by ourselves and we cannot get the money we need to drill just through capital raisings every 6 months or so. I would not mind if one of those JV partners was CP, but I would hope it is on terms that suit both parties and not a fire sale.

Good drilling results around us by other oilers will certainly increase the interest and spark interest from other possible JV partners. I suspect that Cottee is just the right sort of man to build those relationships, it would also be nice if JH was there but as a mover not a shaker.