Did JH say that spud would be possibly mid September onwards OR Early October. Hey thats just 3-4 week away. If all goes well with the so called agreements CTP needs to formalise next week (subject to govt approval early next week for MINIMUM expenditure commitments) then CTP's drills schedule could be in action and on the boil within weeks. I believe JH will also be ready and doing his utmost best to achieve FAST START.
Some Extract- 2 drills called for tender 1 oil 1 cbm -OPCOM meeting for approvals next week. -Regadless of what other companies (BG?) want we (CTP) has the money to GO immediately as possible. -No less than 4 joint ventures but possibly more. The waiting is almost at an end . We hope ! Good luck next week. Most of us old time holders have been quiet patient. Should be a great week ahead hopefully.
CTP Price at posting:
8.1¢ Sentiment: ST Buy Disclosure: Held
