CVI 0.00% 0.3¢ cvi energy corporation limited

can cvi even keep its doors open, page-11

  1. 5,079 Posts.
    Haven't logged on for a while,

    but CVI has no debt, have money in the bank, enough for 3 months.

    In that time we should hear what's going on with the refinery.
    there is the rights issue to look at, and it wont be at 2 cents.

    Look the market has just crashed, and speccies get hit much much more, as we seen.

    but history says this is not the time to sell, in fact buy, not saying you should buy CVI as I'm not allowed to.

    the question I ask is are they worth 2 cents,

    what is 46% of 1 mill tonnes of copper, or even what was previously found years ago without modern technology.
    gold, rare earth and diamonds.

    Talk of them being insolvent is rubbish,
    are they going to walk away, close their door when they have assets.

    At very worst a takeover target, if so would they get more then 2 cents a share, the assets are worth more than that.

    and we know they have backing from large brokers or investment firms, look it is down, but it's not alone.
    it goes down faster than other stocks, it can also go up more.
    Look mat FMG yesterday.
    just look at the mill buys today, and mill orders in the market.

    don't listen to me or others, think about it yourself.
 
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