latest placement....the bright side...

The latest (20 million shares at 10 cents) placement, was more than likely the FINAL payment -in lieu of a monetary consideration- to the consultant, who introduced CVI to the negotiations with Enditrade, as stated in the ASX Appendix 3B announcement of August the 8th.
That is a VERY POSITIVE DEVELOPMENT indeed, and such to be viewed owed.
Why? the answer is simple. The initial agreement between CVI and the "Consultant", would have had a clause not dissimilar to the following..."Upon completion of the successful negotiations between CVI and.....The "Consultant" will be paid the amount of $2 million either in cash or shares in CVI........". Obviously, it would have contained the CVI share price and the tantamount monetary value (in shares) of the agreed amount.

So, what does it all (the above "hypothetical" scenario) mean?
It means this: The Negotiations Between Enditrade CVI (and others...) were (or are almost) SUCCESSFULLY completed and the "Consultant", was paid his "dues"....
Obviously such an eventuation is extremely good news for the Company (CVI), and as such should be viewed by all shareholders.
If my " hypothetical scenario" is correct, we should SOON, see POSITIVE NEWS emerging from several fronts, -even before the Angola elections- and hopefully the CVI shareprice will commence its ascension towards its rightful position.....

Cheers:)))))