CTP 2.04% 4.8¢ central petroleum limited

jh is very confident today, page-29

  1. 945 Posts.
    Beli said

    "Just spoke to JH
    he confirmed spudding Early Dec....when asked about BG
    replied "they have their chance to come in, if we reach a bottle neck, then we go to arbitration knowing we are in a great position, I dont want to see this,
    but BG, have the choice to pull out if they wish,
    and I am very confident to proceed with the program, with or without them.
    as for ROG they are in with the cash for drilling and the only unknown fact is does BG want to be in, we intend to find that out soon,
    but as for the drilling dates they will be released shortly, but the 1st spud is first half Dec, and the program begins, everything is on schedule"

    funny that! that is more or less exactly what he told me over a month ago. practically word 4 word! imho, that is not very good news. sorry but old news is NO NEWS!

    altho i would've thought we we'd be into arbitration by now! if we aint in2 arbitration yet dat can mean 1 of 2 tings;

    1. he is confident of not needing 2 go 2 arbi

    2. bg r still pullin' da wool over mgmt's eyes by making them beleive point 1, hence my initial assesment of JH's negotiating ability was wrong

    3. we have alot longer 2 wait than i initially thought as arbi is yet 2 begin

    u tell me which it is!
 
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