"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"
MULGA,
Fact is MS has not even explained what the $6mil is going to be used for. We know his track record for burning through cash with ABSOLUTELY NO ACCOUNTIBILITY AT ALL! He has spent over the last year probably in excess of $30mil on god knows what. If cvi has just one CASHFLOW positive project up and running by now, then that's fine and it would be $30mil well spent.
He is always coming up with "things", but in the end nothing gets done. Money's spent, but no tangible assets to show for it. Don't tell me about our copper project, if they ever had the intention to develop it, they would have already done so by now. Talks of social taxes were the excuse for not developing it. What a farce!
- Forums
- ASX - By Stock
- CVI
- what would you do
what would you do, page-2
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online