2025 net income to CTP with newly articulated Northern Territory Government contracted 5.4 PJ suppiled is AU$64.800.000. Current issued shares are 740,147,003 giving 8.75 cents per share.
2026 net income 6.6 PJ is AU$79,200,000 giving 10.7 cents per share.
CTP has ample capacity to pay dividends now beginning with Special Dividend at AGM of 2 cents per share. This would be followed by quarterly dividends of half a cent a share.
2 cent per share annual distribution ( 4 X half a cent ) is 40 % yield at current price 5 cps. 2 cps distribution uses AU$14.802,940 leaving $ 49,997,059 ( 2025 ) & AU$64, 997,059 (2026) to fund development and exploration. Together with existing free carries and future farm in new partner funding CTP disposable funds after distributions is considerable.
CTP listed ASX 2006 - 18 years ago. Time for shareholders to wait / be patient for value returns is long past.
2025 net income to CTP with newly articulated Northern Territory...
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