IVZ 0.00% 6.9¢ invictus energy ltd

IVZ Share Price, page-4103

  1. 10,856 Posts.
    lightbulb Created with Sketch. 565
    I've got the opposite thought re "Lets hope the maintenance drags out".

    Right now the govt can do their "cautious, don't want to put a foot wrong thing" while they know they are not holding anything up. However, this is high profile. When the pendulum swings and it becomes "we can't drill because the govt is dragging their feet on PPSA and lease transfer", then that is negative press for the govt which they don't want for a variety of reasons. They need to be seen to be fully behind this and not a hindrance. So the sooner the rig is ready to drill, the sooner the pressure will be on the govt and we see some action from them imo.
 
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