Look up what the likes of the Chinese are paying as an up-front license fee for some of these blocks...
CVI look well placed here to get a perentage of four!
These are billion barrel babies...will have to dust off the notes again, because it looks like they will get a share in virtually all available off-shore blocks.
Add onshore...and Cabinda South...lol...that means production.
We just became a significant oil company...but where is the detail? lol...better hold on folks, I reckon we have not heard the last of it.
Cheers!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held