The SP will not be above 30c by June. That would require 200% increase in SP within three months. I respectfully suggest there is a greater chance of Jesus Christ coming down to part the red centre for CTP and reveal gushing seas of oil. If JC were to visit and perform this feat, perhaps CTP could reach 30c.
Of course, the execution price for CTPOA is 25c. Approx 150% increase in SP required to get them in the money. Still highly unlikely, but more likely than 30c.
ctp farmin out on rog, page-62
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