CTP 5.45% 5.2¢ central petroleum limited

Botchee, You state quote "after all nothing has really changed...

  1. 465 Posts.
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    Botchee, You state quote "after all nothing has really changed except we had a poor hole but that could change pretty quick if / when we get some better results."

    That opinion may be what the general market is thinking as they appear to have unrealistic expectations imho.

    Is'nt the reality that CTP and partners were looking to find the outer extent of their coal field.....and actually found it.
    The nature of CSG is long and drawn out going through a process of proving/disproving before committing.

    For the record, I have always felt CTP should have farmed out the entire CSG play for some cash and royalty, leaving them more resources to get on with the Helium and Oil plays.

    Regards

    Pixby
 
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