The story of IVZ is now at a critical crossroads. Either man up and do a solid deal with the people carrying all the money bags or be forced out for much less.
Many people commenting here keep forgetting about what is happening in South Africa which will be a huge factor for us going forward. The world has not even realised the rapidly growing power of BRICS but it is a reality and will not go away. Sooner rather than later Idonesia will join BRICS.
Already the Chinese have naval ships on station around the Cape sea route. Do not forget that Pelindaba still exists and that South Africa has a large amount of enriched uranium on hand and all the capability to once again produce nuclear weapons including neutron bombs. Edward Teller spent a lot of time there and they worked closely with Israel. Mandela had their existing arsenal of Atomic and H bombs dismantled. (IRAN would love to get hold of Pelindaba!)
IVZ can become a huge company if they can access up to $500 million to quickly commercialise the gas and set up the power generation plant and pipeline network to initially supply local customers and South Africa.
Southern Africa has massive gas exploration potential so the window of opportunity is short.
IVZ Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
