what's the state of play with ctp?

Hi guys,

Just wondering if someone who has been holding for sometime could advise or direct me to a post that gives me a basic run-down of where we are at with this company as a starting point for my own personal research.

As the company's cash balance reduces (will be somewhere just under $10m by end of this quarter) is there any chance that a major CSG/UCG player or anyone else for that matter would be interested in taking over this company?

It seems on the surface that this company has HUGE reserves in coal, oil and gas that can't be exploited by conventional methods and there is JORC potential but really doesn't have the right JV partners or cash to go forward.

Would appreciate an honest factual reply.

Thanks in advance

:)
Nic