Further to the takeover thought....CTP are in the process of a JV drilling partner who must be will to spend circa $50M I think a takeover would be considered for $150M considering the currnt market cap is less than $100M. Breaking up the assets into producing and non producing the buyer might consider the producing assets at $150M - $180M and Dukas Range and Zevon at $100M to $150M ?
Very hard to put real prices on these producing and exploration assets because they have not been valued before??
Interested in thoughts on values.
GSA JV's and exploration, page-2
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Last
6.7¢ |
Change
0.002(3.08%) |
Mkt cap ! $49.59M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.8¢ | 6.2¢ | $52.19K | 790.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 781250 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 58408 | 1 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
0.002 ( 1.61 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.8¢ | 6.2¢ | 116506 | ||
| Last updated 15.24pm 02/05/2024 ? | |||||
| CTP (ASX) Chart |