Despite losing their last two games, Carlisle were unlucky and now have a settled side.
Courtenay says that he is hopeful that they can reach the playoffs this season, but would be happy with a respectable mid-table position.
When he took over from Michael Knighton as chairman of the club this January he inherited a club with non-existent account systems, hidden debt, dodgy turnstile operators and six players.
But after investing close to five million pounds into the club they are now on the way up, and a FA Cup run could be the catalyst for a return of `glory days` to the Border City.
"I'd be more confident if we had a full squad we've got one or two injuries," Courtenay said today.
"We've just signed Craig Farrell from Leeds but because his agent was slow doing the deal so he misses the game.
"I'd be more confident if we had a full squad, but we played Scunthorpe earlier in the season and they beat us but they weren't better than us.
"I would expect at least a draw," added Courtenay.