Well, I just saw the interview by Petroleum Econo.
2 things.
1. SM's statement re the mou is very very bullish. They have a discovery and are moving forward. There is a level of certainty in this without lab results and flow test, they must be excptionally confident to say so publically. Albeit a little cart before the horse.
2. More time frames given re ppsa. Not a good move considering how brutally scrutinising retail is here. Anyway, this very fact indicates they are trying extremely hard at this very point in time to raise money. Much needed.
Feels a very pivotal right now. This has been said before however the issues holding this down have remained so all until this point, unlike tool failures and discoveries.
Get the ppsa signed, demonstrate a solid flow and commercialise this. Whilst the market needs to demonstrate patience it is very impatient. Unfortunately for IVZ, this matters. They now need to move with a little bit of expediency or risk struggling to raise in future. They will need to, and at a much higer price than now.
Not a bad bet to take if you like a gamble. I don't.
imo dyor
- Forums
- ASX - By Stock
- IVZ
- IVZ media thread
IVZ media thread, page-5773
-
- There are more pages in this discussion • 1,443 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $119.5M |
Open | High | Low | Value | Volume |
8.3¢ | 8.4¢ | 8.0¢ | $50.91K | 620.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 32210 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.082 |
1 | 300000 | 0.081 |
3 | 131579 | 0.080 |
2 | 103557 | 0.079 |
4 | 190000 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 28021 | 2 |
0.084 | 319613 | 3 |
0.085 | 405000 | 2 |
0.086 | 357216 | 3 |
0.087 | 463483 | 2 |
Last trade - 15.30pm 23/08/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online