CTP
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0.00% 5.3¢ central petroleum limited

Go a bit easy guys on drill crew!! As I have posted before I...

  1. Donthat
    939 Posts.
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    02/08/10
    18:02
    Post #: 6972466
    Go a bit easy guys on drill crew!! As I have posted before I suspected Rain played a part in slow progress.. Well the Quarterly came out and said we paid around $1M for rain delays.. News this morning was that Birdsville has been drenched and roads impassible

    I am more critical of CTP not giving "written" weekly reports on drilling progress as most other companies do! The daily graphical presentation certainly indicates progress but when it flat lines we have no idea why!!
    A weekly descriptive report explaining delays due to weather or mechanical problems would be a lot more useful!!

    CTP Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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