My thinking, ... Mk2 is as close to a certainty as you can get in frontier O & G drilling. The IVZ team know the geology better nowand have without doubt learnt from the punishing mistakes from Mk1
This seismic is essential to the ongoing program. Following Mk2 discovery it'll be time to get some momentum going ... keep the rig in country and continue to prove up the basin, rather than the stop start news vacuum we have lived in through 2023 so far.
But as you say, appointment of a service contractor for drilling and a locked in spud date would be even better news.
This stock is really taking some patience. Most know it will be a success eventually and elephant size, but no gain without pain, which is where we are currently.
Let the sophs turn over their 83 million just purchased shares and we will ease away from the 11-12c base once more
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