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14:48
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Originally posted by ozblue:
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In all the discussion earlier about future plans if we have a discovery, an important part of the picture was missing. The needs and wants of the Zimbabwe Government.
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When you think about the capital requirements to develop a field of this size (should it be proven), and the fact that the market is unlikely to fairly value IVZ - a capital-constrained, small-cap company from Australia - then I think the most likely outcome is a takeover by a super-major.
