Sparkler,
The assets are there in Fortitude. The Angolans have neither the cash nor the mining expertise to get these resources to become mine sites - hence CVI's involvement with Ian Eagan on the scene.
CVI are increasing their stake in some excellent geological ground through increasing their stake in Fortitude.
CVI have no debt, so are not trading themselves into insolvency, although they are heavily diluting the stock.
They have a $100M facility to call on if required.
So - no risk of insolvency/administration as there is no debt. They have been able to pay all their bills and will continue to be able to do so.
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