IVZ Chart, page-88

A MACD crossover for ASX:IVZ could signal further pain in the future. Is this negative sentiment coming from a belief that planning/design and appraisal contracts might have pushed the time line for 3D seismic/appraisal into possibly next year? It can take a long time to design a 3D seismic/appraisal program.

Or is the negative sentiment coming from the lack of support in the capital raise, possibly not earning enough to cover all of their activities? Does this mean they will need to raise more in the future, even though Roch2077 told us that they didn't need to capital raise, and instead he told us >100 times that they could get financing elsewhere?

Interesting timing since ASX:MAY are about to appraise a possibly company making discovery: Alameda/Marti, next month.