Many are blaming the wording of the announcement( discovery which is not a discovery)- The language, tone , grammar etc is not the issue. We have established ( from the failures of MK1,ST1, MK2,) that the only way forward is having a tools warehouse on site. Shipping a tool when a problem has arisen is not good enough. IVZ has no capacity to drill this challenging well. As for ST2, in 28days we will get a perfect logical reason why it failed. Can we avoid this 0/4 drill success? CR and flow test the well- seem to be the most logical. warehouse of tools onsite- requires a partner. As it stands chance of ST2 failure outweighs success. Wish the likes of 7seven7 can convince SM to curtail ambition of “do it alone” - tried, tested, failed x3
IVZ Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
