gmt, I hope they pay their debt to suppliers. There are several drilling companies owed millions according to former employees of these companies. Correct me if I'm wrong but last time CTO got $10 mill the directors gave themselves a pay rise and only paid a fraction of their debts. It has been a policy of MM not to pay any debts unless the creditors are about to wind the company up. My thoughts only. DYOR.
CTO Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
