CTP 2.04% 5.0¢ central petroleum limited

Hi Resourcebull,You are not the only one upset by that...

  1. 24,386 Posts.
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    Hi Resourcebull,

    You are not the only one upset by that announcement. But we have to use common sense at times.

    The thing that everyone fails to address while jumping up and down, is the fact that although the announcement stated that the drilling rig was released, No one really knows under what terms it was released. And that to me is very very important, and worth considering.

    For what we know, (and I am guseeing here, just the same as anyone else is currently doing), the drilling rig could have been released for a set period of time, or just to drill one or two well in the near proximity. Better than just sitting there and costing us money, would it not ??

    So, let's not just rush into assumptions, when no one really knows the full story.

    You can never judge a good book from it's cover. You have to read it thoroughly before one can make a properly based/judged decision.

    Cheers,
    Buddy134
 
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