reality ouch

Spot on Postlapsarian.

In the highly, highly unlikely scenario that a 1000bopd well can be established.

It will cost more to drill, frac and truck to the coast than the oil is worth.

What does a truck hold about 100 barrels ???

What would the oil be worth before being refined ??? About $15/bbl not including drilling, fraccing mgmt etc.

The trucking will cost more than $1500 per load to Darwin. Sorry.

Without a billion dollar pipeline (which there is not enough oil to justify).

CTP can never make a profit.

I believe JH knows this too.

For anyone who thinks this stock is going to make them a millionaire (JH excepted). Please write up some possible scenarios including numbers of trucks, expensive desert based staff, sales, costs etc.

Then lets see how this coy could ever be profitable, more or less replenish the coffers to the tune of the spent $100m.

Show me where the money is going to come from.