Unhedged, I can fully understand your disapointment in progress so far as I am a long term holder as well. However, the company has been dragging a sea anchor in the form of PXA/BG which has made progress impossible. The RI is what is going to provide the funds to remedy this and allow us to get drilling again. We need discoveries and this gets us back in the game.
Since the RI I am hoping that CTP will be a different company in terms of bringing forward projects, punching as many holes in the ground as possible, making discoveries and transforming from explorer to producer. I sense a change in urgency from JH in the announcements and with only similtaneous drilling occuring I believe he is delivering what shareholder want from him.
CTP Price at posting:
8.2¢ Sentiment: LT Buy Disclosure: Held
