i like the announcement - lots of meat in it and a clear picture of the direction of finances which is exactly what ws needed for strong support. good stuff!!
anyone going to the agm like to ask a few questions??
1. I am puzzled as to why big instos would buy into CVI when they are looking at 40% of falcon, and looking at it, approx 2-4% of off shore ventures ... even though they may be massive leases, 2-4% exposure to spend that much, doesn't make sense. Is it that the other angolan parties with shares in the permits will be jumping on board with the SPV??? or is 40% of falcon what its about??
2. what % exposure are we looking at after claw back options are excercised?
3. i cant think of a third ...
Thanks - if not i might email cvi ... never done it before tho. patience is starting to pay off for us all now ...
cheers to all long termers.
Bilbo
CVI Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
