I changed some of my thoughts about the company after the alternate funding bs and fast track pilot plant came to light which made no sense in nearly all new basin plays around the world suddenly IVZ have found a new method of funding without proving up a resource.
The fact remains they probably need 4 or 5 wells before that 3 billion dollar valuation can come to light and will need 200mil to get there.
SM and his best friends having beers somewhere in Perth are doing this to the share price so direct the blame to them and not me
IVZ Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
