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10:52
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Originally posted by pilko3:
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I guess the real reality is that two experienced directors have joined IVZ which in turn more or less tells us that they "know" there is gas down there in large quantities and they reckon it can be commercialized...otherwise why would they bother? The inside info they will have should convince anyone looking under the hood at IVZ that everything is only on temporary hold (but preparing) until it is "go" time again. BOD strengthened and lessons learned IZ are ready to roll...but timing is a bugger with O & G for many reasons. Cast your minds out about two or three years and do some honest projections around this company having achieved tapping into a gas elephant and most likely producing and selling gas within this timeframe as well. SP 14 cents now...???$ in three years? My sums justify me snatching a whole lot more shares than I have now...The risk justifies the investment punt IMHO...winner by any measure! Disallowed for sure but 50 bagger? Possibly...but DYOR and go figure.
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No arguments with your sentiment Pilko but it's highly likely you can buy at same SP in 3 months whilst nothing happens..... this is part the reason the SP is being held down and there's nothing to move ST
