CUE/NZO have built a warchest of over $40m. While roughly 1/2 of that is earmarked for drilling this year it still leaves $20m in reserves and around +$5m cash each quarter.
Like you said @aabbaadd CTP could split into production and exploration businesses. Or they could sell the rest of Amadeus to CUE/NZO giving CTP the capital to actually do some exploration.
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5.6¢ |
Change
-0.001(1.75%) |
Mkt cap ! $42.47M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.6¢ | $4.731K | 83.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 198010 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.8¢ | 50000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 198010 | 0.056 |
2 | 108144 | 0.054 |
1 | 18870 | 0.053 |
2 | 700000 | 0.052 |
1 | 800000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 50000 | 1 |
0.059 | 8000 | 1 |
0.060 | 100000 | 1 |
0.061 | 137146 | 2 |
0.062 | 10000 | 1 |
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