IMO what IVZ needs to throw the shackles off is1. Funding...

IMO what IVZ needs to throw the shackles off is

1. Funding sorted.
I don't want to see us tapping the market endlessly. I would like to see the funding uncertainty completely dealt with sooner rather than later.
I'm hoping the quarterly due in the next few days will shed more light on this.

2. Farm in partner deal inked and binding.
I feel we are floating down the river a bit with this. I personally think IF we don't get another offer shortly we should just press Cluff to make it binding early. I think the 31 march for this is way way too late it will let uncertainty bubble along until then.

3. Binding rig contract will give absolute certainty its happening.

4. PSA done and dusted.
There are far far too many loose ends atm and this one has been dragging on endlessly.

5. Lease extension approved.
For the life of me I can't understand doing seismic, let alone drilling at massive expense, over ground that has not had the lease granted in writing.

6. Seismic upgrade.
Whilst this weeks announcement was good and had a couple of small gem's in it I'd prefer they waited and banged the market between the eyes with a tasty upgrade...IF it is tasty, unfortunately I think expectations are already high.