IVZ media thread, page-6974

Despite the lack of a PPSA release, IVZs fundamentals remain solid IMO, and hence why we have such a strong following. The resource size, upcoming flow testing, and 3D data are reasons to expect stability in the share price. My shares aren't going anywhere until we're north of 30c which would have us valued at around $425m market cap.

In March 2024, we confirmed a rich gas-condensate discovery at Mukuyu-2, with high-quality natural gas and significant condensate yields (World Oil) (World Oil). This matches their geological models, highlighting the projects potential.

We're also planning a 3D seismic survey "SOON" and further well testing to refine the geological model and focus future drilling (Offshore Technology). The “String of Pearls” prospects, including Baobab, Acacia, Marula, Mukamba, and Mimosa, are estimated to hold a further 1.2 billion barrels of oil, with the basin's total resource potential exceeding 5.5 billion barrels of oil equivalent (Pindula).
Mate if you're investment timeline is less than 2 weeks, you're in the wrong stock buddy!