"We maintain our SPECULATIVE BUY recommendation and a price target of $0.14/sh. Our valuation is based on a series of farm-in transactions. CTPs exploration program across a vast permitted area provides substantial upside potential, but is certainly speculative due to the geological and drilling risks, challenging paths to commercialisation, lack of producing assets and funding of its programs going forward"
CB
CTP Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
