pellinor magic

A few days ago I posted about my disappointment about the lack of detail in a CTP presso regarding the Pellinor 2D seismic.

Well, CTP's Annual Report was out today and the Pellinor does get an update.

"Also not to be overlooked is the huge potential upside of the Pellinor carbonate play in the Pedirka Basin,
success in which would be an unequivocal company maker. The 2D seismic survey here has been completed
but data processing and structural interpretation takes considerably more time than the field acquisition of raw
data."

More patience required, but a huge potential could be sitting there in RAW's leases. I like the "huge potential upside". The first stage will be if the results of the seismic give the Pellinor a top rating as the next wildcat drill for CTP (or J/V).

Good luck holders, it's pretty exciting ground for a minnow to be sitting on.

Saltbus