CTP 1.96% 5.2¢ central petroleum limited

is management aware of the 6 billion barrels?, page-11

  1. 242
    246 Posts.
    Our MD talks about our Options and giving us the thought that they may still be OK and get into the money and be exercised! I am so surprised to say the least.

    Our MD talks about this happening from potentially the Mt Kitty well!

    If he believes that the Mt Kitty well was so prospective and a potential BONANZA for us, then why didn't our MD drill it 100% for us instead of farm that giant prospect out for next too nothing to Santos?

    CTP could easily of raised the money to drill that one giant prospect Mt Kitty but our MD was against further dillution of our shares from the time he became MD until just recently when he did the $10M capital raising at 10c!

    As soon as Santos did the farmin to our Amadeus ground they went straight for Mt Kitty!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    What is going on here???
 
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