Delays to the rig mobilising to site and then required maintenance before accepting the rig threw the original work plan out of whack (and into the wet season).
If they get onto the Seismic straight away it may not take long to cover the ground where M2 is currently planned and analyse that the data asap.
I think it will bounce once the gap is closed, the quicker it gets there and does a reversal the better.
Im hopeful of either a JV/Farm in sitting in the wings, or possibly a Cornerstone coming out of left field.
Im still in and holding to take the tax advantage when it turns, not fussed about the white noise.
IVZ Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
