It thought the PSA also benefits IVZ as it will places a long term production agreement in place something like 20 years ? At the moment IVZ is just exploring on the block leases on 3 year basis that needs to be extended each time.
SG is actually due to expire in June but should be a formality to be extended. Without the PSA in place a major needs certainty of tenure. Believe the PSA should provide that long term certainty ?
IVZ Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held
