why the pressure to get the price down, page-24

SP is down for a few reasons;

1. Dow /ASX had sharp falls
2. Recent placement @ 24.5c
3. Gotta pay for XMAS ?
4. Impatient traders/investors hanging on every bit of info.

CVI is still in it's infancy. Management are lining things up so SP will increase significantly and steadily. How are they doing this ? By securing key partnerships with local governments and buisness. Gaining acces to the fertile ground. Minimal strip ratios for Cu, access to a world class kimberlite pipe for Diamonds.

They are also keeping future development costs down by applying for onshore/ proven blocks where oil is either known or an 80% strike rate.

This is silly season. People sell for many reasons and buy for 1. The recent placement, even though less than VWAP is allowing CVI to progress. If i wanted to give a company $10m, i would want a discount too.

So take a break, if an ann comes great, otherwise imo, accumulate or go and enjoy some r & r away from the computer screen.

Merry XMAS to all

Bacchus