I also hold some Ctpoa. I really don't think the goal post has moved much for Ctpoa. To be honest I don't think many of us would be investing in Ctp or Ctpoa if we didn't think the share price would be over 25c by June 2009. Considering we are about to embark on hopefully an aggressive exploration campaign with plenty of funding ( I also think we're buying a rig). This has definately increased our chances significantly of proving the resources we already know is there, in quicker time, and without the worries of running out of funding. 14 months is a very long time, and as most have mentioned here. CTP the compamny definately has a greater interest in making sure these options are excised for more capital.
Look at GDN/GDNOA i think their options expire end April 2009, yet there seems to be a last ditch effort in exploration, and ppl are taking major bets on GDN's share price getting over 20c ..(I think)..
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