CTP 0.00% 5.4¢ central petroleum limited

OiltraderI agree 1000 metres in 2 days is very good going. In...

  1. 93 Posts.
    Oiltrader

    I agree 1000 metres in 2 days is very good going. In several years of trading I have not seen a well sunk so quickly. However, normal drilling depth each day will occur when they hit the hard stuff. Maybe down to 200m a day. The effect of this slowing up will generate caution, Shareholders asking why, confusion and conspiracies formed by those not in the know.
    IMO it will take between 5-8 days to get to depth. I think the "BIG MONDAY" I have read about in previous post will be next Monday

    Just an opinion
    Cheers
    BB

    DIS: CTP CTPOA ESI EPR
 
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