The Qld govt and IPL have stuck gas-prone acreage next to a pipe and $20m in CTP's hand with the instruction: Drill it! Yesterday. Free carry. RC has already plotted eight ways to triple the area.
Alice: bit bites ground anytime now on a 3 drill campaign backed by good science.
NGP and revenues flow in December. Teddy bears work best with a big jar of hunny.
Disentangle Mereenie - or not. Refinance or run it off.
CTP will drill its vast NT licences - with partners, with desired equity. Awaiting news on Santos-Dukas.
The conditions to succeed are present. When it performs, uncertainty goes and market cap flies.
BUY
Ash
CTP Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
