Ruskie, I have to go with Paul in regards to CTP current undertakings. I do hold a couple of small cap oilers, and CTP is IMHO, around average considering the assets its has (i.e, gas and oil fields, acreage and farmins) and the upcoming development of the Dingo field.
m0ngy, my turn to be corrected (and I also want to apologise for my abrupt manner), you are right about the number of options (unlisted) in total, however, RC has 50% interest in them, then, because of the share consolidation, they are actually exercisable at $0.45 which means they are currently out of the money so as to their actual worth, hard to tell. Of course, if the SP jumps to say, $1.00, he could be sitting on a profit before tax of approx $43 million. He would have to pony up around $43 million of course. Almost a shame he did not excise a few when the SP recently hit $0.50 ha, would have added some cash to the kitty, but that is hindsight.
On the topic of staff, huge amount of work being done in offices which of course, no investor ever sees except for maybe the company presentations.
In the end of course, I do not know the proficiency of CTP staff, however from what I know of RC, he is a fairly straight shooting guy, so if they don't pull their weight, they would not on the payroll. It was not so long ago that CTP cut its admin costs by quite a bit.
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