Facts
1. CVI is running out of cash and needs to develop its projects in Angola
2. Finance is bloody hard to get in current environment (which may last a while)
3. No rescue packages have come CVI's way
4. Latest world projected financial figures are very gloomy
5. If every holder chipped in 1.25c per share there will be in essence no dilution
of every holders percentage of the company
If you were the main man - What would you do?
Scenario's
1. Holders chip in $6m and projects get developed
2. Holders chip in little and some shark gets a very cheap slice of CVI
3. Holders stop rights issue and CVI may be suspended from trading
Angry points
1. Recent raising of $3m at 10c per share that was invested into Fortitude, instead of being held for project development
2. World Financial Crisis that ruined CVI's grand plan
what would you do
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