Whether or not the management is aware is not the issue. 242 I am neither a fan or a critic of RC as I think the next two years will really show us if he is the messiah or just another spruiker, however what he is doing is concerntrating on what is in front of him such as Surprise and the two JV's.
Exploring for Oil in the Amadeus is not as simple as running out grabbing a rig and drilling holes. It al starts with the Seismic, new or old, that needs to be conducted and then interpreted. All of which takes time and money especially as we are taling about an area of several thousand acres.
For now I am happy to wait and see what dividends Surprise and the JV's reap, the capital from these can then be used to explore the companys other assets like Amadeus and grow CTP as a company.
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Mkt cap ! $40.70M |
Open | High | Low | Value | Volume |
5.0¢ | 5.5¢ | 5.0¢ | $90.54K | 1.810M |
Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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5.5¢ | 449999 | 1 |
View Market Depth
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1 | 347403 | 0.050 |
1 | 200000 | 0.049 |
1 | 847077 | 0.048 |
2 | 410000 | 0.047 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 449999 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
0.062 | 80000 | 1 |
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