Ann: Strategic Asian JV Agreement, page-45

Hello to holders of CTR

I have not been reading recent posts here and not up to speed with recent discussions but just wanted to add some comments based on the feedback of an analyst colleage relating to the recent announcement. I am told that developments are only in their infancy and that there is still a lot of work to be done to prove this technology on a commercial scale. To put a time scale on the process, my friend gave the example of a mining bankable feasablity study-BFS, which typically takes around 12-18 months. It was suggested to me that the CTR processes would take at least that long. There are very early stage moves to market the technology in several Asian countries but any deals are at theoretical stage only. As a non-holder I was advised that it is really too early to take a stake in the co, so for current holders it would be still seen as a speculative investment. However I don't wish to appear negative, the stock has some potential albeit with many hurdles to overcome first. As I have stated in earlier posts on this site my aim is to try to offer holders of this stock some balanced input knowing what it's like to hold an Okap stock and suffer from a dearth of decent information, whilst at the same time being faced with a barrage of one-way negativity coming from some Hotcopper posters. Apologies in advance if I don't respond to any questions, I don't look at this site often. Good luck if you decide to hold and ride it out.