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Taking a punt on logic, page-37

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JandJ

10,433 Posts.

2707

09/12/14

13:43

Post #: 14432674
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Originally posted by comeinspinner ↑

Punt on facts.
1. Management are experts at raising $$$.
2. Mr Landau originally put the deal together for RRS and was rebuffed.
3. CTR backed into the project.
4. First CTR well the most successful ( after years of attempting to understand the field .)
5. Well making money on low cost basis.
6. Atzam 5 log results excellent with oil shows all the way to C13.
7. C13 best log results so easy to use present infrastructure ( pads ) to tap into this zone.
8. Tortugas permits have been sorted out with local people ( real progress as this was a problem ).
9. Tortugas preparations are in progress for low cost re entries ( 1000 BOPD flows )
10. CTR recent announcements that new plays are being investigated with funding well advanced concurrently.
11. Atzam 5 infrastructure in place to produce from ( potentially ) C18 -C13.
12. Funding to retire debts with lenders ( who have not sold out and have not made a cash call ).
13. Lenders can not trade 1.5 options but only convert to shares.

And so on. Surely a reasonable punt on the facts?

GLA.

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She knows a mighty lot about the company doesn't she.

Hey Comein' when you take Mr Landau's coffee in to him give him our kind regards. Here drop this in his cup will ya ??

Cheers.

CTR Price at posting: 0.1¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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