Not looking good seems like they are having a hard time negotiating a deal . I bought in a few weeks ago not having done my research got sold on their increased production the only thing in my favor I only bought $2000 worth.
"The Maturity Date has been extended to close of business on 11 July 2018, by which time the Company expects to be in a position to provide an update on the negotiated re-financing proposals. Further updates on the capital management initiatives will be provided as they develop."
I would say announcement in the morning cant see it being favorable to existing holders.
CTL Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held