daytrades may 19 afternoon, page-3

CTP has put a presentation out on its upcoming high impact drill program

here's the key facts

Cash Backing 5cents

Current Share Price 7cents

First well success value 77c undiluted 49c diluted

Second well success value $1.25 undiluted 80c diluted

Third well success value 64c undiluted 41c diluted

Note the dilution assume options being exercised bringing in about $50m cash


These 3 wells will be drilled back to back and are about to spud!