Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-395

Been following IVZ from a distance. IVZ is still early days, there are still a lot of hoops to jump through.
Once the samples are analysed they'll use the information to put together the most efficient flow program, then long lead items still need to be ordered. Then a period of dewatering, etc. Give or take another 12 months from here until they have a clear idea whether or not it flows at commercial rates.

A discovery announcement wouldn't have moved the needle that much - it's a step in the right direction, but discovered gas means nothing if you can't get it out of the ground at commercial levels. Let's say everything went great, and they announced a discovery today, the SP would have slumped in the gap between today and when flow testing can begin.

I'll wait to buy in until two weeks from flow testing.

Hang tight. It's new frontier exploration. Challenges pop up all the time, that's the nature of the beast.