I find this hard to follow. Am I right in thinking that CVS owes nearly a million dollars to BKP, to be repaid over the next two years? That's a pretty crippling proposition.
Cervantes says that it expects to repay this loan earlier as a result of exceptional drill results from one of their gold projects. Up and mining profitably within two years? CVS must be joking.
All this is looking pretty fishy IMO.
CVS Price at posting:
1.1¢ Sentiment: None Disclosure: Held
