Happy to disagree with you bondijim (I notice you have held the stock in the past, so you have a fair idea of what is going on).
CTP unlike small cap explorers, is
* producing from an oil field
* producing from Palm Valley gas field
* developing and constructing the Dingo gas field
* operating a major J/V with Santos
* working with its J/V partner Total
* and undertaking all the behind the scenes work that entails exploration
Many many small caps spend more and do less than CTP. The above list will not get done by having volunteers from the Alice springs retirement village 3 days a week.
The quarterly shows that with revenue even being less than expected, they are close to cash flow neutral, this is before Dingo comes on line and before any further gas sales agreements are signed (I am hopeful that another deal is not far away).
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