With over AU$36 million cash CTP is positioned to progress several prospects including Mamlambo, Mereenie, Dukas. NZO & G, CUE, HZN will target tight sands work after investigation with their dominant votes moving that initiative forward. EEG's cumulative success with similar work in Beetaloo shows tight sands skills are available in Australia. CTP may bring in some tight sands experts ? CTP is financially positioned to deal with a range of prospects and major drill success will enable it to do what it has systematically avoided doing to maintain existing shareholders equity - capital raise. Very smart thinking has guided CTP.
CTP Price at posting:
4.6¢ Sentiment: None Disclosure: Held
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