CASH FLOW / CAPITAL RAISES 2020 - 2022, page-14

"Unstable CTP share price... may provide company administration opportunity to act sooner on inevitable Capital Raisings."

That's a strange statement. How about "rising share price may provide company administration opportunity to act sooner on inevitable Capital Raisings"?

Also the $120m figure is baloney. The vast majority of that figure is the $72m in borrowings that CTP will simply roll over to a new loan facility, with likely better interest terms. So absolutely no urgency there.

Suggestions the current farmouts for exploration will collapse are completely speculative with no basis. Much like the idea held through most of this year that the shareprice will reach 5 cents, there is absolutely no substance to it and all signs point the other way.

As much as we can all bemoan CTP, one thing that has shown itself is that Leon Devaney is fiscally conservative and is patient to ensure solid financial outcomes for the good of the company. Team that up with Mick McCormack's obvious entrepreneurship and senior industry contacts, and the future for CTP has never looked brighter.

Talk of pending doom or shareholder syndicates appears to be either downramping or very negative based dreams.