CVI 0.00% 0.3¢ cvi energy corporation limited

yes the dam has busted jake, page-4

  1. 17,274 Posts.
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    I understand the angst about the recent placement at low prices. there have been a few and i don't have a mental tally of the total but....to put it in perspective......what percentage of the (fully diluted) company has been issued at this price. It seems like a lot but I think (maybe someone who has kept tally can give an exact figure) that it is no more than a couple of % of the total company.

    So if this couple of % of shares gets the right people on side, and can turn what was a shell company, into a vibrant mid tier multi commodity mining outfit valued at $2 plus a share then go for it I say. Why risk success for the sake of a couple of percent further dilution.

    I think to be invested in CVI one needs to trust Mark Smyth's judgement. I see some are struggling with that atm. And fair enough too as we are all responsible for our own $$$ but I am happy with the course we are taking.
 
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Currently unlisted public company.

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