Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-758

First 758 Last

Share
Profile

Follow
ferncol

2,293 Posts.

379

21/11/23

13:45

Post #: 71019985
Share

Originally posted by JRIPodcast: ↑

Hotcopper just swallowed a 500 word post and I am absolutely fuming but yes. The next fireside chat is in the works already! Just waiting for daytime in Zim to confirm when with Scott.

Briefly:

13.5 cents is an absurdity. There has never been a better risk:reward value proposition than right now. This market seems prone to fits of histrionics, is underinformed and wildly overreacts. This is frontier drilling at its absolute riskiest. If you wanted safe drilling go invest in Texas.

Fundamentally I trust Scott in a way I trust few other executives. Name one other executive who takes the time for a 2:00 AM retail webinar on the heels of a 20 hour day during what has to be one of the most stressful weeks of his life. He’s intelligent, self-aware, eager, and learns from his mistakes. He will make the discovery happen, and if M-2ST fails somehow, I trust him implicitly to make the changes necessary to ensure success. He demonstrated this greatly after M-1.

What is the biggest risk remaining? Dilution? Are you really going to let yourself be shaken off your horse this close to the finish line because of the risk of 10-20% dilution? Are you going to let low-info punters, FUD troll morons, and a panicky, impatient, white-noise market dictate to you your investment strategy? Don’t let emotions cloud your vision. A 3-4 week delay and it crashes almost 50%? Give me a break. So many people want all the rewards but can’t handle the risks of resource exploration. This is the deep end of the pool. Is this half the value of what it was 2 weeks ago? Is this twice as risky as it was 2 weeks ago? Of course not.

The market may end up efficient in the long run but it sure is inefficient getting there. And that lag time is the only advantage we have against soph vultures. Conviction and patience has never been more powerful of weapons. Let the baying dogs have their day. I trust Scott to make Mukuyu come good, and to learn and adapt and make the decisions along the way to make that happen.

Expand

Thankyou and very well put.
Unfortunately half of these punters know the game and they will pull every means they can muster to pull the s.p down on the back of the mum and dad investors.
You only have to keep reading the repetitive posts to know who the culprits are. First they talking lambos and now they're calling for S.M's head. I say shame on them.
my 2c worth

IVZ Price at posting: 13.5¢ Sentiment: None Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

OBM

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

ASX Market Open: Australian futures to rise on strong US performances

HAR

Termite mounds lead the way to 45ppm uranium for Haranga

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

FWD

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

There are more pages in this discussion • 907 more messages in this thread...

First 758 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.8¢		Change 0.000(0.00%)		Mkt cap ! $96.41M

Open	High	Low	Value	Volume
6.8¢	6.9¢	6.7¢	$30.54K	447.0K

Buyers (Bids)

No.	Vol.	Price($)
1	73456	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	25286	1

View Market Depth

No.	Vol.	Price($)
1	73456	0.068
7	87132	0.067
7	243675	0.066
5	908720	0.065
2	124202	0.064

Price($)	Vol.	No.
0.069	25286	1
0.070	372039	4
0.071	8063	1
0.072	180000	2
0.073	425000	3

Last trade - 10.24am 11/07/2024 (20 minute delay)

IVZ (ASX) Chart

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-758

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

ASX Market Open: Australian futures to rise on strong US performances

Termite mounds lead the way to 45ppm uranium for Haranga

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-758

Top Stories

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

ASX Market Open: Australian futures to rise on strong US performances

Termite mounds lead the way to 45ppm uranium for Haranga

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News