To me it looks like CTP's historical assetts are seen by the market as having little upside which is why the share price has been stagnant for years. Selling off half the producing assetts for cash in the bank for a gamble on Range and Dukas is really the last throw of the dice for CTP.
Dukas is still the game changer for CTP if they find Helium in commercial quantities. The fact that Santos is looking to reduce its stake in Dukas from 55% to 25% by farming out part of its interests to a new prospective Joint Venture partner - and CTP is possibly looking to do the same is probably a good thing. I guess its all in the name of the new JV partner "Peak Helium (Amadeus Basin) Pty Ltd." Someone must know something from the earlier failed drilling attempt.
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