Yes, made the mistake of delving into the HotCopper Rose coloured glasses View of IVN. Plans are great once the premise they are based on is proven. Look 100% behind success here but until there is a sustained commercial flow rate to surface and an understanding of decline rates, hence how much each well can produce and at what rate that is IMO when real value will be realized. Get a few farts in a tube proves there are HC in the ground, a great step but not Lambo grade price movers that the big boys will need. Not a down ramper just a reality check. My response was to someone asking why this was not heading up. Big difference between a discovery and commercial declaration of discovery. If they make that call then great. Success.
IMO DYOR
IVZ Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
