Some questionable facts there cominspinner including:
5. "Well making money on low cost basis". A4 - really !? Based on 12 months production at oil prices substantially higher than current prices, A4 is very cost inefficient. Fact. As i said weeks ago i suspect it is shut in at current oil prices. Lets see.
CTR is going to issue a prospectus shortly (my opinion) with new prospects including completion of A5, Tortugas and maybe some new hot prospects supported (ie. paid for by CTR) by the Next Oil. This is best case. New shareholders will support it. Old existing ones will lose out further. Some think 0.1 is as low as it can go though it will go lower with dilution. If it was such as bargain, mgt would be buying in droves. Have they? Nope...
All above my opinion only mods.
CTR Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
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