CTP 0.00% 5.3¢ central petroleum limited

After the shell shock of yet another CR on the verge of...

  1. 939 Posts.
    After the shell shock of yet another CR on the verge of hopefully good news I have been patiently watching other Posters opinions on the likely out come ..I must say with much confusion!!!
    So I thought I would post my own opinion on what I think several years of following CTP!!

    1. I cannot believe that JH would call a CR so close to "commercial" decision on JW1!?/ Unless he is very confident!!
    If he is not and this well is not commercial he would have to be the biggest scammer in the industry and a big dunce as why would anyone support a SSP?? But wait !!! The CR as reported by others still has a month to run so why would you try to raise money in a month if the well is not commercial???

    2. If the well is going to be commercial why would he not let the SP rise before calling for a CR??? Only rational answer i can come up with is that he is indeed trying to reward long term supportes and Instos this time with a success story!!1??

    3. Maybe he is so confident that he is raising money to put this well and others soon into production and knows though the SP will fall long term we all make money??

    Good luck to all .. my finger is hovering over the sell button if JH does not come up with a sensibly explanation!!
 
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