A6 - My thoughts

I think we need to recognise that any positive news from Garden Hill South has implications for the potential of the Shoal Point area, and for the value of CIVC's interest in licence area 1070. This could explain the increased volume on Friday. If this were coupled with positive reports about the potential of the Green Point shales, then we might see a positive response in the SP.

However I still see CIVC's situation as being a bit like the owner of a clapped out vintage car. He has put a lot of money into an attempt to get it back on the road, but has found another problem just as he came to the end of his money. However, his efforts have increased the value of the vehicle, and he might just be able to find a buyer who will give him a good price, which he can use to reinvest in his other venture: a garage business that might turn a smaller profit more quickly, and which has the potential to build from there.

Regards
Dunnock