CTP 1.82% 5.4¢ central petroleum limited

Serious Concerns, page-20

  1. 278 Posts.
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    2bobworth - if you would like JH back on the board all you need to do is find a measly 5% of the register who thinks the same as you then raise a motion.......

    What is highly reputable about JH? He achieved little in the period of sustained highest oil price the world has ever seen! By his own admission raised over $100million and all there was to show of it was one small onshore discovery that is not economic to produce at current prices.....sounds like the kind of reputable we can do without.

    His corporate capabilities speak for themselves. Afrohawk - of whom he is CEO - has the stated objection of "listing in first half of 2014" - oil was still over $100/bbl but they didn't achieve that so hardly great market presence to speak of!

    Indulging in a little speculation, it seems to me that this forum has been used to level a lot of criticism at Central at the same time as a number of speculative law suits with a loose connection to JH have been launched. All seems to be part of an intense but limited impact campaign to put pressure on CTP just as everything seems to be heading in the right direction for them. Record production.....record reserves.....I believe we are about to see record revenue and the future has never looked better with the awarding of the NEGI pipeline. Sure there are some market based head winds for all resources company but in deciding whether to buy, sell or hold you should only concern yourself with where you think the share price is going, not where it has been.
 
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