Well the latest string of announcements (bar today) suggests that there will be a minimum flow of 300 odd per day. Say the net profit per barrel is $70... this would give the company annual gross revenues of about $7million. If nothing else, this would at least cover the administration costs, which frankly is better than continuous share dilution.
The only thing that concerns me really is the fluff piece today... we only really see such pieces in the run up to a bad announcement (though surprise looks to be a relatively sure thing at this point).
CTP Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held
