I feel NextOilRush has been watching IVZ for a while. But the recent commentary from local Zim media saying PSA due in a few weeks and drilling commences Oct 2021 has already significantly de-risked the situation, they want to get in before the "official" ann by IVZ.
Just thankful I opened the Hotcopper advertisement email about IVZ early last year, did some DD and brought in. I've NEVER opened a hotcopper email, maybe It was my destiny.
Even back then the:It was just too good to walk away from investing in IVZ
- First Mover - Elephant
- Government opening up the country
- Small market cap
- Risk vs reward
- Board with skin - Scott being a local Zim
- Top 20
- Potential to be the catalyst to bring a country out of poverty
- Southern Africa energy starved
https://www.oilandgastoday.com.au/40-years-of-gas-from-bass-strait/
ESSO bass strait has produced 7tcf, generating $300bn in Australian revenue over 40 years.
Meanwhile, IVZ targeting 9tcf ONSHORE for a measly ~$20mil
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