One thing that MUST happen at the first available opportunity is for MS to step-aside....surely.
CVI will never go anywhere in Angola whilst MS is at the helm.
I still hold, have done a small fortune (like many of us here) and will not be buying anymore ever whilst MS remains the key figure in CVI.
If mining is now going to be CVI's sole focus, then give Egan the reigns, simple as that.
MS credibility is shredded and depending on the structure of the next proposed (entitlements) issues, CVI will be (and understandably so) lucky to have any subscribers.
If indeed CVI's supposed assets in Angola are anything more than MS styled 'agreements', then yes, CVI is currently way undervalued. But what has MS ever done to help and make people believe that anything he says is nothing more than wishy-washy wishful thinking.
Todays announcement for me only confirmed Pensador is a thing of the past and announced a 'desired' new direction. CVI are still hoping to negotiate this propoed new direction and given MS's track record....it may take until NEXT Xmas before we have the chance to be disappointed again!
Mark Smyth MUST GO!!
Cheers.
K-Man
CVI Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
