Vitol buys 9.1% of CIC for 10m at a premium of 79% for a company that has 2.4b tonnes in botswana. This is all very high-level but i think the value in-comparision to NMR Speaks for its self.
As for the company and management, disappointing to say the least. Once the scoping study is out i dont expect to back-this management through to production, but nevertheless. The value is outstanding at 4c!
Vitol buys 9.1% of CIC for 10m at a premium of 79% for a company...
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