My 2 CentsGreat posts everyone.
CEV in my opinion is on the verge of moving to the next level in the form of exploration/discovery.
If the hematite drilled proves to be high grade DSO iron ore, without exaggerating, I would say that the past analysts will be proven right and CEV will be trading in excess of $2 a share.
As for future financings, it all depends on how many of the options/warrants get exercised. At $2 a share all the warrant/options will be in the money, and that's a figure of approx. $13 million cash in the bank if they all get exercised.
Having $13 million in the bank on top of their current $6 million, which will be decreasing as the exploration moves forward, should leave CEV in a good position financially.
IMO, a financing won't happen until after the hematite assays, and further drilling to delineate their deposit. PEA and 43-101 report scheduled of 2012 so this project is being placed on a fast track by the looks of things.
If all goes well, we shouldn't need money anytime soon, and when CEV does go to the markets it won't be at $1 a share. I would hope that when that day comes, CEV will be trading well over $2 per share.