I think we're all stopping being ostriches actually - and wanting some serious answers to these questions that have been leading us round the garden path/ maze for so long now.
It's all well and good to hear 'she'll be right mate' - but we want to know HOW, and exactly WHAT are these deals with Pensador and who are they.
As I've said so often, I believe it WILL come together, but I certainly have a lot of unanswered questions in my book. I'm holding some long term CVI - have done all along, but I am also now happy to trade it for profit too - make up some of the losses I've had to take in the past. My core holding won't be touched, unless I have reason to believe it's going backwards at some stage.
We know it's a complex jigsaw - (long maze - or however we'd like to think of it) but I believe most of us in the long termer bracket would like more than these monthly updates - we'd like some explanations that the lay man can understand.
Very happy that elections are soon, as of course it's critical to the next stage of the oil leases - and I am under no illusions that it'll be the first thing that the President does - I'm sure we'll have to wait a while for everything to come to fruition - but in the meantime, I'd like to understand more about Pensador, progress at Longonjo, etc etc.....Fortitude / Cacheairas - are they drilling?
Egan may not have the cash to buy a million shares at market 1Bacc, I really don't know - but Smyth could certainly be buying a few - (we are told he's independantly wealthy and doesn't need CVI to make a quid for him) - Paul Williams has been buying -(the only true indication of positive cash going in from the management camp - the rest have been handed out as 'pay' I believe.)
No doubt that they are likely to bring something out of left field as soon as we are all feeling sick and tired of holding on, and it'll run like hell!
CVI Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
