CVI cvi energy corporation limited

progress..appoints petroleum expert, page-20

  1. 19,436 Posts.
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    Well, you are right. I am being too sensitive.
    But I regretted selling this before I actually submitted the order. I did so due to the info I had at hand and my risk profile; which has been increasing with the shareprice decline as half of my holding was purchased at much higher prices.

    I dont understand why CVI seems to allow this haze over the chairman, the intentions to/of quest (and their stake increate to 20%), or the 2 blocks - north and south of the river that were supposed to have been ready for granting.

    I have emailed the company with my concerns, and the response indicates the status quo stands - awaiting granting.
    So I am confused about the comments on selecting new blocks, if the are awaiting granting. Perhaps they have first choice!

    It is funny how some companies lay it all out in black and white, and others cant be bothered to tell shareholders the state of play.
    It does not mean in the latter case that they will not deliver, but in the light of recent events and the selldown 2 major shareholders (so far) I expected a bit of the former.
    On the state of the cityview selldown, the shares are apparently held under three names, and one has sold out completely.

    Good luck to holders. As I said, I like their prospects, and when things becomer clearer to me, I hope to be back in; if I havent burnt my gunpowder in the interim.
 
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Currently unlisted public company.

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