Don't forget this was a very strategic play from Ashanti and others involved.
They had the magentic tapes from Mobil in the Government's protection and government decided to play ball by giving access to IVZ. Why would the government do this ? From what I can recollect this is quite a big reservoir but Mobil never moved on it in favour of chasing the easy money and financial constraints back then.
This is a country where pockets need to be lined and if likes of Ashanti , Warburton and Chiappani were buying in around low 4's then this game has just started. The country is lot more stable and the government wants progress. Time to get set.
IVZ Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
