CUE/NZO have built a warchest of over $40m. While roughly 1/2 of that is earmarked for drilling this year it still leaves $20m in reserves and around +$5m cash each quarter.
Like you said @aabbaadd CTP could split into production and exploration businesses. Or they could sell the rest of Amadeus to CUE/NZO giving CTP the capital to actually do some exploration.
CTP DEVELOPMENT POSSIBILITIES, page-2
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