"Contango (-ngg-) n. (pl. ~s) implies that prices will be higher in the future than today. [orig. unkn.] The market is said to be in contango when the forward price is higher than the spot price." - from CTN website.
Well the NTA was 1.36 for end of March and the share price is 0.89. CTN better start contangoing soon after that anticontango SPP!!