"The underlaying problem atm is the distinct lack of CASH"
I disagree with this.
The underlying problem is most O&G junior explorers are down 50% and more.
I understand cashflow is key, not just CASH, but you if you invested in CTP for "cashflow" now, you are in the wrong stock, let alone sector entirely. There is a difference...
CTP/ RC have stated we are good to end of 2013 (Cashflow) AND that did't include many other options not yet released, like more JVs/ assets sales or debt funding which we don't have yet but clearing is an option telegraphed numerous times.
BTW, I actually wasn't targeting yourself with that comment on cash and JH dreams, more MB who must wake up each morning chanting it in the mirror.
So, I don't agree CASH is the reason for our SP halving from circa 17c. We don't need much atm to keep things running.
You can still run a business with the right cashflow (timing), you don't just need wads of cash in bank. I know very well, I run a manufacturing business.
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.49M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 135146 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 31507 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 135146 | 0.053 |
3 | 283253 | 0.052 |
5 | 586685 | 0.051 |
4 | 375000 | 0.050 |
3 | 40418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 31507 | 1 |
0.055 | 100000 | 1 |
0.057 | 45466 | 1 |
0.058 | 100000 | 1 |
0.060 | 99559 | 2 |
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