largest concession holder in angola, page-14

TMT;

I read this post earlier today and imo it sums up the markets attitude toward CVI fairly well.

Soveriegn risks and the unknowns have not seen the SP appreciate to a more asset based valuation. CVI is discounted heavily.

The oil, either off-shore or onshore have allways hung over CVI like a cloud and is the last piece of encouragment i feel many need to get aboard this African play.

From the company update it seems item "E" is for the developement of Angolan off-shore so hopefully that will be fast tracked post election.

DOW seems to be behaving normaly for the first week, for the first time since January. When those oil ann's come i am sure we will break the DOW relationship too.

All the best.

Bacchus