Agree and that’s the problem for a minnow like IVZ, trying to fund it all and still progress it in a timely manner that will suit all stakeholders. We can only eat the elephant one bite at a time for so long. I was under the impression we can farm it out, or Jv, prospect by prospect, it would seem like the logical approach for IVZ.
The SWF will take 10% over all on being deemed commercial, but how that all rolls out I’m not sure. I just saw the positive of more local involvement negating sovereign risk.
IVZ Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
