CTP 0.00% 5.4¢ central petroleum limited

linc energy resource estimates, page-4

  1. 555 Posts.
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    Linc's news is great for the whole area, it reaffirms CTP's position it just does not qualify it as yet. The whole area will come under even more scrutiny from the majors looking to get in. I am happy that RC is moving this along as fast as he can given he has limited funds. I would expect he is trying to package up surprise results and get the JV's running as fast as he can. CTP coming out with 'qualified' field reports on the potential size of surprise after linc has softened up the market will make it easier for others to accept that CTP does in fact have something. RC needs to get the share price up for next years option holders to take up their options, as this is part of the money he needs to get surprise going. Though I expect any other leases or areas that we are looking for JV partners or to offload may be given another look over or a bit more consideration. He may be able to snag another jv.
 
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