CVI 0.00% 0.3¢ cvi energy corporation limited

700000 barrels a day, page-15

  1. 1,798 Posts.
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    Oil yes,

    BUT

    don't be surprised when its Diamonds that take the focus. Perhaps pre election we'll have an announcement. It's less contentious than oil. MS has previously stated Diamonds are a main objective, + Diamonds offer best return on capital in short turn around and there is the recent JV with Enditrade. Enditrade is a subsidiary of Endiama, the national diamonds company of Angola. Endiama already runs many diamond companies successfully, some in partnerships with foreign companies... So a JV with it's logistics arm is only good news for shareholders. As stated in ASX announcement - quick capital return. Secondly as far as I understand this is CVI work nothing to do with Pensador yet, so the 3B is maybe related here.

    Vayama, great to see you're interest in CVI. Always a good sign when an excellent researcher is in!!!


 
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