et tu brute? , page-14

Donthat,
Just how much is PNPL prepared to 'invest' ?

From everything I have seen, he has not invested one iota into CTP. His on-market purchases have not resulted in a single dollar flowing into the CTP coffers to fund exploration.

His attempt to secure 135M shares at 7c would have resuled in a cash inflow of $9.5M - then there was a report of $100M over 10 years (unconfirmed) ... that's all I've seen with respect to any PNPL (Palmer) investment - that's about 1 well per annum ... big deal!

Someone is trying to take control of this company for a pittance and certain shareholders arefalling over themselves to assist.

Please look at the farm-in to PetroFrontier/Baraka acreage by Statoil ... $210M over 3 years ... and a MUCH smaller acreage. Extrapolate that to the CTP tenements,

That's an investment!