Yes, it scars you for life. When PCL negotiated with Woodside for their current option to farm in I considered selling the lot. But, I think they learnt something from the FAR saga and I noticed there is a royalty option to be free carried to production, something FAR never had.
IVZ does have the advantage of a much larger holding percentage which gives them the option to sell down for good $$$ and onshore development should be much cheaper also.
IVZ Price at posting:
21.5¢ Sentiment: None Disclosure: Held
