He's excited- and so he should be...maybe a little OTT, but anyone could see past it - IVZ could unearth an absolute monster- and I hope they do (disclosure- i have a few IVZ, rebought at 16c after an earlier attempt a while ago at trying to trade a Muk1 fluid sample return with the idea of sinking profits into more EXR shares- anyway, it didn't work and I lost upwards of $14k or thereabouts- some you win, some you don't).
Anyway- infrastructure happens AFTER a discovery- no real point outlaying capital & building infrastructure if there's nothing there, so stating they can't succeed because of a lack of infrastructure is a bit of an oversight. If they prove up extractable scalable resource, they'll have all the financing optionality to get infrastructure established pronto.
Prove it- and they will come.
I do, however, think he and anyone else trying to state IVZ is better than anything else, (EXR, OMA, 88e etc) as have been pointed out lately, is rather silly.
It's not a winner take all scenario for shareholders in prospective companies- there can be multiple winners.
I wish anyone luck ballsy enough to risk their hard earned moola on highly speculative and risky plays.
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $143.5M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.0¢ | $903.7K | 7.323M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 695614 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 696792 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 590136 | 0.115 |
16 | 468121 | 0.110 |
5 | 925000 | 0.105 |
11 | 556033 | 0.100 |
1 | 100000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 635217 | 8 |
0.130 | 736619 | 12 |
0.135 | 475969 | 8 |
0.140 | 836479 | 13 |
0.145 | 106896 | 4 |
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