Yeh, dilution will be ongoing with a company like this. I agree...

Yeh, dilution will be ongoing with a company like this. I agree the loan repayable in shares was maybe not the best outcome, I'd agree with that but CTR were probably in the same situation many of these little explorers find themselves in. Cash strapped with bills to pay and no-one prepared to back any financing. I mean, no that long ago it looked like this well could have been a dud. So I may not like it but there it is.

As for commercial viability, it's looking good imo but I've seen things like this go bad before so fingers crossed. It helps to have someone like oilman, who obviously knows what he's talking about, posting. Helps to soothe my frayed nerves :)