tmacc,thanks.i also think a second rig isn't necessary at this...

tmacc,

thanks.

i also think a second rig isn't necessary at this stage.

they should allow 6 months at least to drill the perdika before they commit to leaving one drill rig there and then use a second rig to test their other targets.

in 12 months they could commit a 3rd or 4th rig to accelerate their short/medium/longer term objectives.

if ctp aren't encouraged by the coal at blamore to make it their 6 month primary objective then maybe the market shouldn't get excited either.

if this is the case, and blamore is a duster then we are looking at sub 15c for the foreseeable future.

cheers