CTP 1.96% 5.2¢ central petroleum limited

So where is the spud?, page-14

  1. 23,467 Posts.
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    I believe he has done so already.

    Read the following part and you will se therein what he said I that announcement/release:


    ##""Mr Cottee also says the area from which Alice Springs gets its underground water is part of the Territory’s 49% that is a no-go zone for fracking.

    He is clearly relieved that the NT Government’s fracking moratorium is lifted, and is looking forward to a sales bonanza, ramping up exploration and production, drilling new wells, starting in July.""##


    Emphasis and Italic added.................


    Now, Starting in July doesn't mean that drilling are going to start in April the 20th or 21st.

    Besides, did you read what is written at the bottom of each announcement.??

    Just read it and read it properly, especially the following part.......Here it is for your perusal and consideration.:




    ##""Sentences and phrases are forward looking statements when they include any tense from present to future or similar inflection words, such as (but not limited to) "believe," "understand", "estimate," "anticipate," "plan," "predict," “target,” "may," "hope," "can," "will," "should," "expect," "intend," “projects”, "is designed to," "with the intent," "potential," the negative of these words or such other variations thereon or comparable terminology or similar expressions or future may indicate a forward looking statement or conditional verbs such as "will," "should," "would," "may" and "could" are generally forward-looking in nature and not historical facts.
    No right of the Company or its subsidiaries shall be waived arising out of this document. All rights are reserved.""##




    End of quotation and emphasis added......

    Now what do you make out of it all.??

    And don't forget that we have two Lawyers full time employed in our company too.

    Cheers
    Last edited by buddy134: 26/04/18
 
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