Of course it would have been nice if Pensador had been completed and funding things for us.
However, we now have a monkey off our back. We no longer have to worry about a reverse take over from a company trying to keep a lid on the price in order to pick up more shares.
We can now move on to core business that we know is actually there (copper JORC and diamonds) that should provide decent cash flow once proven up. Oil was always a long term prospect that had high risk. Copper (we know is there from previous drill samples) and good diamond leases are good to keep sole focus on IMO.
Cheers
CVI Price at posting:
3.1¢ Sentiment: None Disclosure: Held
