Strachan can see 55c, page-3

Macquarie were willing to pay 20c plus indeterminate small amount for CTP, Morgans recently valued CTP at 21c, Burrells have verbally valued CTP at 26c, former CEO said if CTP remains below 40c it would not remain independent, now Strachan has predicted high success drill worth of 55c. There is wide range of valuations being guessed. Market consistently values CTP at around current price. It may be buying strength will not develop until current gas sales income figures with future cash flow scenarios are detailed, new GSA's signed , and or drill outcomes are known.