what mid tier to major player wouldn't get board approval to undertake a farm in and pay something ridiculous like £10mn to explore for 2bn boe? risk / reward is like nothing else out there and a fraction of some exploration budgets.
Scott can and will play hardball on this. He is aligned. 1 of us and this is HIS dream.
resource upgrade has to come before end of the month. 2bn boe and a clear path to drill finance and this goes $300mn market cap..
after 20 years of investing in this type of play I cannot stress how rare a position this is for a junior company and its shareholders. Possibly the last on shore
IVZ Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
