Vinny, you said; "It doesn't make sense that the govt is delaying this PPSA, which is preventing funding and therefore delaying the entire program. If we run out of cash I dont know if they can cancel the lease/tenement with the reasoning being that we as a company have no reasonable prospects of developing this basin and then just acquire the whole thing at a very low price into the SWF. "
A cynic or conspiracy theorist might say it makes complete sense - a corrupt and greedy government dragging out the PPSA, bleeding IVZ dry with a thousand cuts, leaving it has no reasonable prospect of developing the basin, then cancelling the lease/tenement and handing to their corrupt oil and gas oligarch handlers.
IVZ Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held
