JRI Fireside chat with Scott Macmillan Tues. Nov 28 @ 9:00 Perth/12:00 Sydney, page-485

Yep exactly this. I work for a super major and if we farmed in to this and took operatorship after MK-1, we would have studied the existing data to death for 1-2 years, shot new seismic, studied that to death for another year or two... then maybe have the plan to drill MK-2 in 2025+.

IVZ can be so much more agile than a major during this exploration/appraisal/pre-development pilot phase - yes maybe with more hiccups along the way.

Majors don't need to be in a rush since they have some much else going on. For a junior like IVZ... it is the only project and the only way to add value for shareholders so need to go quickly.