CVI 0.00% 0.3¢ cvi energy corporation limited

leases next week or not

  1. 749 Posts.

    There has been much deliberation in the last 2 days since the announcement of the technical team being sent to Angola to "evaluate the data on the designated onshore and offshore oilfields" and hopefully, if recommended by the advisory board and all terms accepted by all parties involved "proceed to definitive contract."

    So what does everyone think:

    Is the intention still to have kwanza basin leases signed and in our hands by the end of Feb (as mentioned in a previous BRR by MS - Feb is crunch time)?? Or does this mean there will be further delays while we evaluate the data provided??

    As we all know, further delays means unhappy shareholders means share price lower.


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