Philamonic - My understanding is that CVI are in the box seat and they are very hopeful but like anything it's not done until it's done. I do know that the Cameroon Governement have a very good opinion and relationship of CVI and of their management so I believe they will be awarded a licence. If they get 10% we will be laughing. If it's any more than 10% then we will be laughing oursealves to death because the share price has gone ballistic. Don't be under any misunderstanding people - if CVI nail a patch in the Niger Delta then it's a home run. The rest of their bits and pieces fade into insignificance.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held