ctp is considerably overvalued, page-18

Sorry I don't get where you are comeing from there jumpstart.

The market really only assigns about $50M of SSNs market cap to the 400BOEPD figure [MC minus (cash minus debt)].

The market assigns about $52M of EKAs market cap for it's 448BOEPD figure.

The market assigns about $110M of SEAs market cap for it's 800BOEPD figure.

So as you can see, the ratio of MC:BOEPD is about $0.12M-$0.14M for every 1 BOEPD that the company produces.

So using that theory here is what you could be looking at...

300BOEPD would give CTP a market cap of about $39M = share price of 3.6cents.

600BEOPD would give CTP a market cap of about $80M = share price of 7.4cents.

1500BOEPD would give CTP a market cap of about $200M = share price of 18cents.

5000BOEPD would give CTP a market cap of $650M = share price of 60cents.