You need to do your own research. If you do you will find management are doing a lot behind the scenes which isn't reflected in the share price. Start your research with the latest pod cast from JRI and Scott. Not many CEO's would do such a forum and be as open and frank. Also, look up latest IVZ presentations and analyses presented by VOGC, KiwiGeo etc. on this forum. Above all, do your own research and make up your own mind. Is there gas there? How much? Can it be extracted? What is the likely exploration program? Can it be sold? How much will it cost to extract? What information flow is coming? What are the downside and upside risks? Can it be financed? What is the support from Zimbabwe? What is the sovereign risks? Will gas be needed in the future? How much are you willing to risk? What will you do if the price goes down? What will you do if it goes up? What is your time horizon? What is your risk profile? Will you panic if it goes down or if it goes up?
IVZ Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
