Well, it pains me to say it, but while I still think the overall CVI picture is murky and awkward and complicated, this is a logical and sensible step in the murky picture.
Given that mining equipment and logistics services for the industry are becoming increasingly difficult to procure it makes sense to try and get an "in" within this sector and with such an organisation.
Although the "partnership" with Enditrade is not concluded yet, this is the first I can remember where CVI actually intends to partner a "real" organisation you can touch and feel. This is not an obscure company like Zebra or Pensador etc.
Sure, we still have the "finance " question: we have to see the finance become real, and in a fashion that will not distress the shareholders.
Something you can only do if the money is there, otherwise more talk no action.
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Held