2D seismic Mamlambo extended recently is foundation for farm-out currently being prepared. CTP will do familiar up-front payment by farminee, CTP free-carry, and CTP operatorship. Horizon is an obvious candidate for farm-in Mamlambo with HZN's industry history, expertise, and current free-cash in-flow and dividends ( continuing after settlement of new Mereenie involvement). Others are likely also interested. Table in post demonstrates considerable potential value numerous CTP prospects. Very good illustration for confidence in value creation near, middle, and long-term of CTP - also likely multiple level increases in CTP share price as prospects drilling advance. This is obviously what Troy Harry sees and needs for his 5 to 6 % shareholding to recover ( currently significantly in loss ) and increase value ( he has privileged detailed information which no other non-BOARD member has).
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Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82027 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 66837 | 3 |
View Market Depth
| Last trade - 10.36am 18/06/2025 (20 minute delay) ? |
| CTP (ASX) Chart |
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