Strikes WE well was mostly funded by wesfarmer's for future cheap gas (speculation was around 2-3$ a GJ which they are still waiting for) and was a farm out for WGO so as you mention the risk's were way lower than what IVZ are attempting yet still funded it with a farm out and offtake for the first well.
From your perspective in actually having a good idea on how much all this is going to cost, how do you see IVZ play out to getting the cash they require before the project has value to a major before running out of cash (or market no longer willing to fund it) ?
Ann: Hydrocarbon Samples from Mukuyu-2 Discovery at Laboratory, page-299
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