CTP 1.96% 5.2¢ central petroleum limited

True to form, page-57

  1. 12 Posts.
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    As for the MD who is continually on vacation behind his desk sitting on his hands waiting for something to happen ..not likely spiritual but more along the lines of a second takeover offer from Mac for say 15c plus some useless rights. MD will be happy transferring over to MacBank as a high paying employee with all the perks and options and big bucks for stealing the company away from ctp shareholders ...his reward. Well what just happened then to the ctp shareholder...just thrown under the bus and for some huge share loses and while all this was happening and over the previous 5 years, the Compqny MD was paid huge dollars and was NOT looking after the shareholders interests and somehow thought it was only his interests that mattered.

    It's all what was seen before when the ratbag did it to ctp shareholders and that is why no drilling will ever occur. It will ruin his chances of a takeover and his reward if drilling fails which looks likely to happen. He is just out their trying to get the company taken over in the meantime and using those raised monies to fix up the old Mereenie plant which requires millions and not to mention the old Palm Valley plant and old crushed wells from salt in the Dingo wells etc etc. this company is surviving day to day and these cap raising are not for drilling but to stay alive while he organises the second takeover....remember Surprise 2 monies raised by this Board never spent on drilling and just used to pay company other expenses....it's all a scam and they are just hanging on by their finger nails.
 
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