Excellent post, Sav!!TF appears to b the cat amongst the...

Excellent post, Sav!!

TF appears to b the cat amongst the pigeons.

Looking at that list of Top 20 holders, his holdings are more then JH's, not that its a worry. But what is more concerning IMO, is that he's cashed-up from his PES winnings & may well continue to indulge in buying CTP at current levels of sub-10c's. Thats an absolute bargain basement price for CTP given their vast amount of acreage in Central Oz. At what stage would TF we define an absolute majority, 10-20 or higher, time will tell.

I was never a fan of Bounty (even their TZN operator Aminex believes them to b like a rogue elephant in a vegie patch) & that stuff-up with the Norwegian rig's 'shake-down' was absolutely mindless. Little wonder that ADX is more focussed on drilling in offshore Sicily (co-incidentally there's well called Savio in the Po valley which spudded in Jan '09)

IMO, JH knows the Pedirka Basin better then TF & IMO should continue to steer CTP forward.

cheers