This year has to be devoted mainly to debt and liability reduction with minor capex tasks to debottleneck. There is only a tiny kitty and CTP borrowed from everywhere to get GAP up. CTP is making very good FCF, committed to balance sheet repair. This is dull yet transformative work.
Leon & team are as keen to drill as anyone and are no doubt droolling over next year's drilling program. Dukas and Range drilling are both free-carry and offer considerable up-side. We will have to be satisfied with that.
Ash
This year has to be devoted mainly to debt and liability...
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Last
5.4¢ |
Change
-0.005(8.47%) |
Mkt cap ! $40.98M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.9¢ | 5.4¢ | $106.1K | 1.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118870 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 123053 | 2 |
View Market Depth
| Last trade - 13.09pm 23/06/2025 (20 minute delay) ? |
| CTP (ASX) Chart |