Australian (ASX) Stock Market Forum

CVI - CVI Energy Corporation

Re: CVI - Cityview Corporation

Options announcement Monday everything being equal I'm told and Mark Smythe is off to UK next week to negotiate Angola leases which everything being equal the co. believes will be announced in a fortnight:alcohol::bier::kiffer::kebab
 
Re: CVI - Cityview Corporation

:xyxthumbsJust Announced:

CityView Corporation Limited – Entitlements Offer
As announced on 15 October 2007, CityView Corporation Limited (Company) is offering eligible shareholders the opportunity to participate in a non-renounceable pro rata entitlements offer to acquire one option in the Company for every five shares held (Offer).
The options are being offered at an issue price of 4 cents, and will be exercisable at any time prior to 30 November 2009 at an exercise price of 15 cents. The offer is expected to raise approximately $2.27 million for the Company, before the costs of the Offer.
To participate, shareholders must be listed on the Company share register on 7 November 2007. The offer is not available to persons who hold existing options in the Company on that date.
As the current registered holder of unlisted options in the Company, should you wish to participate in the Offer you will be required to exercise your existing options prior to 7 November 2007.
Please contact the Company if you have any queries regarding your ability to participate in the offer.
Kind regards
Mark Smyth
Chief Executive Officer.
 
Re: CVI - Cityview Corporation

:xyxthumbsJust Announced:

CityView Corporation Limited – Entitlements Offer
As announced on 15 October 2007, CityView Corporation Limited (Company) is offering eligible shareholders the opportunity to participate in a non-renounceable pro rata entitlements offer to acquire one option in the Company for every five shares held (Offer).
The options are being offered at an issue price of 4 cents, and will be exercisable at any time prior to 30 November 2009 at an exercise price of 15 cents.

Gee you`re r c skiper.:aufreg:Wonderful pick up for the options at present market price.:p:What a nice CEO you have.;)
 
Re: CVI - Cityview Corporation

Gee you`re r c skiper.:aufreg:Wonderful pick up for the options at present market price.:p:What a nice CEO you have.;)

Wysiwyg, I rang the company to confirm, I was informed if you are holding shares Friday, you are in the money, so goodluck to holders, with listing in Dubai shortly and news on Angola leases expected in the next fortnight, and various other things happening with people taking a position for the options, all looks good to test new highs:band
 
Re: CVI - Cityview Corporation

Wysiwyg, I rang the company to confirm, I was informed if you are holding shares Friday, you are in the money, so goodluck to holders, with listing in Dubai shortly and news on Angola leases expected in the next fortnight, and various other things happening with people taking a position for the options, all looks good to test new highs:band

Ex-Entitlement today and the stock continues to rise 4.35% to close on a new high of 36c:xyxthumbs, don't see this too often, hopefully in the next few days we should see some serious news released regarding at least the Angolan licences signed with Mark having been in the UK for a few days now finalising them:grinsking
 
Re: CVI - Cityview Corporation

Mark is actually in London working on leases for Cameroon AND Angola.

Probably incorporates talks with Bowleven, and even the Dubai listing progress.

We have a stream of news expected over the next few weeks.

A very exciting time from now till the end of hte year at least -
and what a stunning performance from a stock that went ex entitlement today to finish green.....:D
 
Re: CVI - Cityview Corporation

Can you give a source for your information?

A lot of people? who?

50 cents would be nice, but come on!

The next ann.:hide: which is expected in the next couple of trading days :horse:could see this stock re:bandrated IMO going by what the co is expecting by pevious ann's.:dance:
 
Re: CVI - Cityview Corporation

Anyone know what is the options code,and when it will be avaliable on the market?
 
Re: CVI - Cityview Corporation

The next ann.:hide: which is expected in the next couple of trading days :horse:could see this stock re:bandrated IMO going by what the co is expecting by pevious ann's.:dance:

Closed on a new high today of 37.5c, and the stock is just starting to gather the sort of momentum that could push this to oblivion with some decent news expected over the next 3 months:xyxthumbs
 
Re: CVI - Cityview Corporation

Anyone know what is the options code,and when it will be avaliable on the market?

You will receive a letter in the mail in due course, I would suggest the code will be CVIO..............

Be interesting to see what they will actually be trading at when they hit the market- obviously multiples of the 4c cost:D
 
Re: CVI - Cityview Corporation

Closed on a new high today of 37.5c, and the stock is just starting to gather the sort of momentum that could push this to oblivion with some decent news expected over the next 3 months:xyxthumbs

Look at the situation in Africa as far as our junior metals explorers are concerned. They are falling over each other to acquire uranium projects in Namibia, Niger, Zambia; they are looking for rare earths and phosphates in Angola, zinc in Eritrea, anything in Madagascar; and uranium anywhere.
Some have good connections already: CityView Corporation (Angola) and Sphere Investments (Mauritania), for example, have access to money from the Gulf. Others, like Sundance Resources (iron ore in Cameroon), have projects so alluring that institutions are banging on the door waving cheque books.
Back in the 1990s, the intrepid Australian junior heading off to Africa was getting in on the ground floor. Some companies - think Anvil Mining or Equinox Minerals - were able to grab unloved projects that became company makers
 
Re: CVI - Cityview Corporation

Look at the situation in Africa as far as our junior metals explorers are concerned. They are falling over each other to acquire uranium projects in Namibia, Niger, Zambia; they are looking for rare earths and phosphates in Angola, zinc in Eritrea, anything in Madagascar; and uranium anywhere.
Some have good connections already: CityView Corporation (Angola) and Sphere Investments (Mauritania), for example, have access to money from the Gulf. Others, like Sundance Resources (iron ore in Cameroon), have projects so alluring that institutions are banging on the door waving cheque books.
Back in the 1990s, the intrepid Australian junior heading off to Africa was getting in on the ground floor. Some companies - think Anvil Mining or Equinox Minerals - were able to grab unloved projects that became company makers

BUY AT MARKET RECOMMENDATION:eek:

From Money Magazine November

CITYVIEW CORPORATION (CVI)

CityView Corporation is focused on oil and gas projects in two African countries - Angola and Cameroon - both underexplored because of th high "country risk". It also has a minerals concessions area in Angola.

Why Buy

CityView is a second junior explorer that has good prospective acreage and is well placed to benefit from the oil price surge.

Yr high $0.28 Yr low $0.038
Now $0.26 Buy at market.

Another junior with top-drawer connections whose directors and management include former senior executives with Occidental Oil, British Petroleum,Selection Trust and Westpac. New management, led by Perth-based Mark Smyth (ex-Selection Trust), took control in March, 2006, and refocused the company on oil and gas in Africa plus a 3746 square kilometre minerals concession with rare earths, copper and gold targets in central Angola. At 24c, CVI has a market capitalisation of $65.4 million.

The icing on the cake will be CVI's right (announced in October) to earn 100% of Petro Energy Africa, giving it a 40% stake in Cameroon's North Metanda oilfield and management of its operations. So far, proven reserves are 60 million barrels of condensate plus gas. Cost is $US19.5 million ($21.8million) in shares and cash.
CVI was in "advanced negotiation" last month with the government of Cameroon
- which adjoins oil-rich, but trobled Nigeria
- to access further known oil tenements.:D
 
Re: CVI - Cityview Corporation

23 Concession Blocks (Area: 1,024 km²each)

CityView jointly applying for 2 blocks

Expect award before end of the 2007

Huge potential for large discovery

CityView’s oil experts have ensured we have applied for prime blocks

“The Niger Delta is one of
the most prolific oil producing
areas in the world”

Niger Delta –targeting access to highly prospective oil license with potential for massive oilfield:band

above are just a few short snippets out of this weeks announcement in the link above, do yourself a favor and read the above report

To pinch a quote from a mate, I can hear the drums beating in Africa, not long now, prior to end of 07 the MD says in the report above


:D


.
 
Re: CVI - Cityview Corporation

Angola's Sonangol highlighted the changing mindset when it hinted recently that only domestic companies would be allowed to apply for a new round of licenses to explore the prized Kwanza Basin.

Authorities there and in Nigeria � sub-Saharan Africa's two largest oil producers � have expressed frustration over the dominance of large multinationals.

Royal Dutch Shell and ExxonMobil are among those seen by critics to enjoy too large a role in Africa's oil patch, and governments are demanding that big as well as small firms partner with state enterprises to even the playing field.

�This is the new reality we live in,� John Doran, chief executive of Australia's Roc Oil Ltd., said at the conference. Roc Oil is drilling in Angola in partnership with Sonangol.

Africa's state oil firms, however, remain at a disadvantage in terms of the technology and expertise they offer, limiting the leverage they can apply.

A perception that Africa's public oil sector is more prone to corruption also hampers the drive toward greater national control of exploration and drilling activities.

With their relationship Petro African Energy.
 
Re: CVI - Cityview Corporation

From the impatient to the patient

Yeah, yeah.

Spoke to Paul Williams the secretary who assured me that they know nothing.

Same deal as yesterday and last week he said.

The company themselves have no idea why this happened. Paul spoke to Mark yesterday and there was nothing said to him by Mark that this was going to happen.

He laughed and said that by the end of December, he honestly thought that the SP would be (much higher), he sounded very geniune and assured me he did not sell any of his holding and as far as he knew, neither did anybody else at the company.(AM i allowed to say that Kennas-I'm sure you will let me know)

He did say he's been fielding calls all day and can't wait until December when he believed Company making news would be announced

Not that far away.

HO HO HO :p:
 
Re: CVI - Cityview Corporation

ASX / MEDIA RELEASE

November 14, 2007

$3.45 Million Subscription CityView Corporation Limited (“CityView”) is pleased to announce that Global Investments Strategy (UK) LTD has submitted five application forms for a total of 11 million shares at a price of 31.4c per share to raise $3.45 million.

Funds for the first application form for 1,500,000 shares were received by CityView today

.............................................:D......................................
 
Re: CVI - Cityview Corporation

Speaking of which, anybody elligble for the placement should be receiving their prospectus right about now. I received mine today.
 
Re: CVI - Cityview Corporation

Not sure whether my post was pulled or not or i forgot to hit submit reply. I thought if it was pulled, there would be a message as to why-just covering myself here

What a couple of days trading.

IMO having watched this stock very closely, this stock has been manipulated by the big end of town to gain exposure to CVI before COMPANY MAKING NEWS START TO FLOW Sold down to trigger stop losses etc etc..................................................:cautious::cautious::cautious::cautious:.......................................

Goodluck to them if they can do it and get away with it, all will be back to normal shortly and back trending up.

Gives me a heap of confidence in the stock

To the guys PMing me with what they have been told by brokers, etc BRING IT ON.

HEY HO LETS GO, LET THE NEWS ROLL lol
 
Re: CVI - Cityview Corporation

I always thought when the accumilation stops, those who drove it down would drive it up just as fast and its happening now :D

Large volumes, already hit 27c

Nobody can keep a good stock down too long:p:
 
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