I agree we will eventually be taken over by a major, but I'm talking realistically next year. There will be nowhere near enough holes and proven reserves for a super major, but the govt will be on our case about developing the O&G asap after discovery.
I don't think we can afford to muck around drilling just one hole next year, I think it will have to be multiples to accelerate the project, which means farm ins plural and cap raises, also probably plural....
IVZ Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
