CTP 1.96% 5.0¢ central petroleum limited

trading halt, page-74

  1. 914 Posts.
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    Hi All
    After holding since the SP was 28cents (approx Jun 2007) I am hopeful that we may have a major discovery on our hands. However, I am extremely cautious remembering many extremely positive Ann's in the past, such as the oil flow likely Ann.
    But I realise the job of a CEO in the oil and gas explorer has to be part businessman , part geologist and part plausible spruiker in order to survive the distance in this money gobbling industry. I feel the current Ann could be the result of obtaining some encouraging gas readings and wonder. How deep and how high the readings. But I will point out the obvious that the current Ann mentions positive, which I would prefer to hear rather than duster.
    Time will tell but I await the final drilling results before I open the red.
    Ally
 
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