support for bronze11, page-4

I confirm, subject to establishment of proper objectives.

Our holdings in three a/c total 3.35m heads + 4.5m options.

Why am I doing this ??

I can see good reasons for those shares to eventually go to $1 by using a successful Atzam Oil Field as a springboard to establish a profitable low/mid cap oiler over the course of several years.

I cannot see that happening under present management out of 1 Havelock St. One has only to look at stated objectives of Okap, also resident at 1 HS, and the performance of companies which they claim to be under their control, some of which can hardly stand on their own two feet far less act as a springboard.

I have no squabble with Brett, and I believe as I have stated in support of Gassed's views that he has done well to bring CTR to the present position of opportunity. But he must accept responsibility for the inferred association inherent with the move to 1 Havelock St and the appointment of PL to the board.

I am prepared to accept that Brett could be an ally and that he might be happy to throw off the shackles he had to wear to get finance to date.

As yet we have not heard from Bronze11 what his objectives are. There are several possibilities, I don't think it is a good idea for him to show his hand too early, but to get people on board some formulation of objectives and pathways is required.

Finally, some posters have made remarks hinting at unacceptable financial dealings, not at arms length for example. These matters are for ASIC and/or other enforcement agencies and not for us. For them to get a conviction requires proof 'beyond reasonable doubt', but in a civil court, where we may have to go, say to get an injunction to prevent the issuance of shares or the exercise of voting rights on stated grounds we only need to prove 'on the balance of possibilities'.

Fellow posters, for me there is enough at stake and sufficient possibility of success to justify Bronze11 taking some action, and for my support of him.

Therefor I urge you to weigh the matters carefully, make your own decisions and join us if that is an expedient course of action towards your own objectives.