CVI cvi energy corporation limited

new wallstreet interview 25th feb 2008, page-47

  1. 554 Posts.
    Hi guys

    The purpose of the US visit is to talk to investors and instos. They will need to buy stock on the Aussie market. Our own instos will probably hold off, until the Oil deal is announced too. We can look forward to a good spike once announced, 50c + IMO on first updraft. TP4 would probably have a better feel than me. The Kwanza fieelds are past producers of 10,000 barrels per day. These would gross $360 m alone. Difficult to know what CVI's cut is and what costs and taxes will be, but we are talking big numbers here. It is quite possible that this acqusition alone could support a 1 billion market cap, or $2.25 share price.

    All the best

    Scott
 
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