IVZ media thread, page-10953

Davy, I agree with 99% of your forecast. The way I see it playing out is once the PPSA is signed, the immediate focus shifts to locking in the JV or farm-in, which gets the capital flowing for the next phase. From what the company’s said, the plan is to kick things off with Musuma-1 in H2 this year. It’s shallow and quick to drill, just as you mentioned. After that, I reckon we’ll see 3D seismic over Mukuyu to help pin down the M3 spot, then back to Mukuyu to deepen and flow test. If Musuma delivers, they’ll likely test it too, but probably not right away. More likely they’ll run the tests together early next year to keep things efficient. So yeah, once the PPSA lands, expect Musuma prep to ramp up and the whole program to finally get moving.