Its a win-win-win as far as I am concerned.
1. STO are busy elsewhere and they cant commit to Dukas. They seem to be "a little distracted" with a couple of projects like their massive JV, and Darwin, and Beetaloo, and Carnarvon and whatever else.
2. They've farmed out to Peak Helium, who have a permit next door to Dukas.
3. CTP are looking at farming out to Peak Helium.
4. CTP have sufficient funds due to the 50% sell down of the other assets.
Cant see a problem with this strategy.
Ann: Amadeus Basin Exploration Update, page-5
Add CTP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |