The comments bode well for CTP in the short term re drilling campaign.
It is nice to hear that the NTO directors are LT holders of CTP. They are close to the ground and know the area and potential risks and rewards.
The fact that they respect JH and think he is doing a good job speaks volumes for him. He has my votes....
From a long term perspective CTP, NTO and any other O&G players in Central Australia each depend on the successes of the others; . to attract investor attention and development funds . to build shared infrastructure . to create a NT lng/snygas hub They are much like the fast food joints who locate in close proximity to each other to give comsumers the feeling of choice.....
We have witnessesd the rise and rise of the Qld CSG fields and LNG hubs. This would never have happened if only one player was in the area. The more the merrier.
As NTO's chair said "All of us want to see John and CTP succeed, not just to boost CTP's share price, but to help generate wider interest in central Australia, which in turn can only help NTO."
I agree with you "Bring it on" its all good.....
CTP Price at posting:
17.6¢ Sentiment: Buy Disclosure: Held
