So hard to say as there are so many variables, but Scott indicated that a discovery ‘should’ result in a MC of around $1 billion = approx 90c sp. IF we discover on more than one level, I believe we will be a massive target for a takeover very quickly, by a major, esp if the recent seismic highlights multiple targets. Add on helium potential AND carbon credits AND string of pearls etc etc What would that be worth to a major? NFI but I personally would be surprised if it was south of $5.
However, we are struggling to get a leg over 18.5c at the moment!
I see that Scott is presenting at the conference on Thursday, so expect the slide show pics and info that will be presented there, to drop that morning and a webinar to follow shortly after. Hoping that a spud date may be announced in conjunction on Thursday. Nice to dream.
IVZ Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
