CTP 10.0% 5.5¢ central petroleum limited

Their gone, what a pity. CTP have told its shareholders once...

  1. 61 Posts.
    Their gone, what a pity. CTP have told its shareholders once again a nicely worded statement that really means there is no rig contract, the letter of intent was done by CTP not Hunt, I can give a letter of intent to buy a house but that doesn't mean I will buy it. Somebody should ring Hunt and ask them if a rig is even available. If not, there is no rig, no drilling and the burn rate of cash from the apparent capital raising and spp if successful will keep management going till the end of the year its all just a bit sad.
 
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