My point was that it has not been possible for IVZ to get a drill in to the ground on their own timelines and IF they are to drill before June 30 2024 they will need the program to start in March, still wet season. They have not managed to beat one single self imposed timeline on works so expecting to drill a well after Christmas and before June would be a folly IMO. I guess what I'm saying is if they don't drill it now then they will have to ask for a lease extension because there is no way they will be organised enough to drill it with the clock ticking down next June IMO. Last thing we want is question marks over the extended lease area's. IVZ needs to tuck them away asap and the only way to do that with certainty is fulfil the work programme. Its a massive loose end that needs attending to asap.
IVZ Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
(20min delay)