Note for CTP Directors
I got to tell you that this is exactly how Most directors think and behave 24/7 and as shareholders have seen so far since Mr No Comment joined us...it has been exactly like this and we got to see it with our own eyes and the supporters of Mr No Comment are still mysteriously on the board! Yes...13c soon
Millions and millions of shares went through 20-21c recently because of the BS from directors. They have already lost ca20% and much more coming unfortunately...
I hope that wasn’t Harry again sucked into the BS directors story and buying more shares as it would have been better if he sold out at 20c and got his money back ...and never looked back ...
The only advice worth giving to poor old Harry now, is that if he wasnt selling out recently at ca 20c and was in fact buying more shares (ouch) and really wants to be a long term holder (which I don’t think is the case) is to pressure CTP to let him on the board and then can see for himself what is really going on and distinguish first hand what if anything is not BS and act accordingly...
Dear old Haasko...It smells like money........
""(Go back and look at that video again, you will see that from day one Surprise was going to be non commercial because of the high water content.)""
And they have to get rid of that water too which isn't as easy as it seems. Hence why it would have had to be trucked to A.S. and treated all at CTP's costs.
Note the% of water, it was NEVER going to be commercial ever, but all them good posts about a USA Army Oil kitchen let them raise a load of money, nice work if you can get it. (don't forget the NEW Toyotas)
They posted that this was the first Oil found on land for some time, that also is NOT true.
Has anyone red the article in the SMH about iSignthis and what has happened to them with both the Regulators and the $330 or so million of dollars some executives and BOD's awarded to themselves as performance related shares, and where it appears that no one really knows nor been able to find out who is behind a BVI's company.??
Have those shares retained their original value at the time those performance rights shares were been awarded.?? You tell me.
""The company has declined to say who is behind this entity""...That is what the article is saying.
Will any of that money works it's way back in Australia.??....................Yeahh dream on......
Dear oh me...............What next..............nevertheless welcome to the sharemarket and it's useless regulators which takes too long to do anything about it (IF AND WHEN THAT IS), and IMHO they are only doing so when they are extremely under pressure and possibly facing criticism.
Most importantly why don't they find the needs to prosecute these kind of people and put them in jail.??
How about it ASIC and the ASX.??
Time will tell. Not always in your favour and wishes, but It always does
Look at CDU, what have the ASIC or the ASX done about that lot. JACK POO.
Yes Pilot. And look at what happened to Merlin Minerals and then tell me what both ASIC and the ASX did to stop it form heading in the way it did.
Another one which baits the dust and one more where many shareholders are going down the same old same old road.......................loosing every cent they had invested in that company while BOD's and Executives got huge pays all along.
When are our pollies starting to think that it is about time that they do something about stopping that rot.??
When are our pollies starting to think that it is about time they get rid of our regulators and put someone in place with some balls and to prosecute the culprits.?
** And if they did, how can they say that we have that amount of gas resource SUBSEQUENT TO YEAR END when the year end is not here and when we haven't finished the drilling.? ***
to my amateur mind that spells 'abandoned ' or at least postponed
A. they have run out of cash
B. they have run out of time , equipment was leased for say 6 months , but the drilling wasn't completed in that time
C. the well is non-commercial
D. the well is only likely to be commercial at high energy prices ( so no point drilling now and waiting 5 years for the price to improve )
E. the drill site has problems so back to planning a different strategy
Bring back John Heugh !!!
He was wrongfully removed and he should have been reinstated by the courts. Mr No Comment and the CPSA and a former Chairman nailed this poor bloke (who was the founder of this company) to the cross. Now that was about the worst thing you can do to the founder of the company who was on the side of shareholders.
Let’s count all the other directors that gave a rats A about us......big fat ZERO