I wonder if it will be Macquarie that will help with the equity...

I wonder if it will be Macquarie that will help with the equity in CTP. They already see the stock as being worth 20 cents plus.

Before you throw stones, think about the competitors.

If you look at the news in regards to Origin's Beetaloo project, the Mereenie JV partners cannot afford to wait for the new money for drilling, as the NGP could be filled by Beetaloo if they wait too long and the fracking hiatus is lifted.

In this case, both Macquarie and CTP will be snookered which will see further value erosion. It could leave the Amadeus Basin as a bit player. Beetaloo will be a few years away yet, but if the press is to be believed, it will be large, expensive, but large.

Just a thought.

AL