underwriting facility, page-52

I don't know about GDN. But from what SBC posted GDN's facility was only a $5m placement. And also back then I supposed there was no credit squeeze yet?

Mark Smyth hinted that somebody is willing to pay twice what CVI has paid for north Matanda. Then why the seller would accept CVI's offer (cash+CVI shares)? Now since the renegotiation on North Matanda the deal has still not been executed yet. Maybe the seller of Turnberry interests sees value in owning CVI shares? All just conjectures really from one who likes CVI's prospects.