On your second point you should read the response given by Scott. The reason he took the raise because institutional investors were knocking on the door if they needed money and to raise in 6 weeks time when spudding is about to start stops the momentum of the run. Now they are fully funded and everyone is set including share holders the multiples coming are significant so enjoy the weeks ahead and with data already pointing to a discovery and Scott himself calling it a discovery delayed just enjoy the freebies next week and then the rerate. Got one more parcel to to buy at 12.5-13 cents but funny if it keeps running on Tuesday because it’s a 140 million market cap with the raised shares and 35 million in the bank with a resource north of a billion dollars.
IVZ Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
