100% they should suspend baobab if Mukuyu is looking commercial. Tapping into my baggage from Cuba, a massive discovery was put on hold to chase another wildcat.
In this case, where the market will start pricing in a cap raise for appraisal, I would reallocate capital and would do everything to protect the SP and getting/keeping the options ITM.
ice the second well and spend the money buying the lead items and paying wages to bring forward appraisal. boabab can be done with the option money in late 23.
disclosure: I'm a keyboard warrior telling Mx how to run a company whilst watching Netflix.
IVZ Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
