Moving Target CTP, page-44

...and is registered in the state of Nevada. Why would they (he) go to Texas to raise a claim? Because Texas courts have a history of rewarding cases such as patent trolls. Given it's Texas, and QLD courts have decided that Texas doesn't have jurisdiction over CTP in any ruling, I'm not overly worried.

Talking of trolls...there seems to be a few on here. Sad really. Some people don't see to be able to accept that this is the nature of oil and gas exploration, especially when dealing with minnows! If you look at virtually all oil and gas stocks over the last 5 years, they are substantially lower or in some cases, completely gone (cough cough...PPP blew $150m). You had a chance to sell out last year to MQ and you didn't take it!

No body is going to say no to a bit of constructive criticism but please, accept your own responsibility for investing / speculating, sell up if you're unhappy and move on. JH was much worse and was clearly not fit for commercial reality. RC has proven experience (refer QLD GAS turning a $20m into $5.7b) - not saying it's going to be done here again, but RC doesn't need to be here for the $ and I believe he has the best intentions for shareholders.

CTP is a different beast by the looks:
- It's generating cashflow, with last quarter being positive and the cash balance increasing (even excluding the c. $6m to be received in current quarter). This quarter looking like it will be positive too based on estimated cash outflows guided by the company.
- 4 well drilling program for what should be, relatively low risk appraisals to increase gas reserves
- NGP pipeline complete by the end of 2018 with the ability generate substantial cashflows to the east coast gas market.
- Santos farmin partner targeting multi tcf's in 2019?

All this for a market cap of $60m and EV of c. $120m. This could Surprise. Mind the pun.