just a thought re: new directors, page-8

"These moves by the board would not be necessary if the rebels were not trying to upset the applecart."

Agreed, Luazza.

If the board had not been stirred into action by the Shareholder EGM they would have announced almost nothing, and we would still be wondering if or when they intended to actually do the 3D seismic and the EPT.

This board have had years and years to do things, and have achieved so little they no longer have a leg to stand on.

I respect your point of view, Luazza, but I don't know how long you've been a holder. I have been holding since before the company was listed. I have waited time and again for drilling to occur, for JV and Farmins to appear. And time and again they have failed to achieve anything of significance.

And the only events that have occured at the time that they have indicated in announcements over the years, in every single case, has been AGMs.

This even comes down to when an announcement of drilling to commence in 3 days time, it would end up taking a week.

Six years is long enough. They have had every opportunity to prove themselves as successful, and when they finally had the opportunity to make things happen faster, to drill Mt Kitty and Madigan as they had planned, they RELEASED THE RIG that we had waited for them to find for TWELVE MONTHS.

Absolutely ridiculous, with no exception. They NEEDED to keep using that rig, they need Kitty and Madigan drilled - we've had promises for them for years.

When are they going to book another rig and drill again? Start looking in August after Surprise 3D is ready, then wait for another 11 months till one is available? So that puts us back to July 13. Oh wait, now we have the CTP is overdue factor, that puts 3D ready in November, then the Rig available in October 13.... Ohhhh now we're getting close to the rainy season, right? Ok, we'll wait till March 2014. Oh look, the CTPO options have expired.

Lauzza, if you think that this company has potential with the Oil and the Coal, do you have any idea how big it could be with the helium? We could be drilling for that helium RIGHT NOW. It could have started in MARCH, after Surprise 1 was finished. If the helium is found at the rates that preliminary work has shown, well it will make Surprise look like a week's pocket money.

I am not prepared to wait another year before they drill a second well at Surprise, so that we finally cover admin costs.

I am not prepared to wait till the AGM in November, to then have the board replaced in Feb 13.

I have to wait another two months. Two months and two weeks, really. The board have to give a date for the EGM within 3 weeks of last Tuesday, and that date has to be within two months.

So, at the latest, I will be in Perth in mid July. I will be there attending the EGM, and I will be voting for the removal of Askin, Dunmore and Faull as Directors.

Lauzza, I hope that you will be attending the meeting in person. And I hope that after the meeting is done, regardless of the results, I will be able to shake your hand and we can move on.

We ALL want the best for CTP. We ALL have our own ideas of the best way to achieve that. And we are ALL entitled to those beliefs. But in the end we ALL want CTP to succeed, and make us all rich (or richer), right?

- Karl