So moving right along...I have a notion that the deterioration thing is going to blow up and make it the excuse why in the end they may be unable to run the liner which of course is paramount when we get to assess exactly lies down there is it not? So all of a sudden we might face a "despite the indications of massive gas in UA and LA IVZ is unable to further any more testing of M2 a we have encountered a level of deterioration of the well that makes it impossible to carry out the plans for the 7" liner to total depth and 6" hole deeper into the LA. This will negate our ability to flow test M2 so the decision has been taken to take the appropriate action and abandon the well M2" Is there a chance of this happening? SP would be back to 2 cents or so. This shit fight has many red flags (Kiwigeo has hinted at many IMHO). I see the whole thing with M2 hinging on a successful preservation of M2 by ability to complete 7" liner and so be able to flow test. What happens if no liner possible and therefore no ability to flow test M2? Oooh it is starting to stink IMHO and lack of info and communications red flag IMHO. We desperately require confirmation that liner operation is not an issue and will be finalized when...then we can breathe a little easier. This is edgy and not a porky situation. How do we get answers? Without successful liner operation in M2 we are toast IMHO.
IVZ Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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