IVZO - Options, page-60

I was a little off as a person with vast industry experience and familiar with the location suggests late june for a spud date. I wasn't aware the location is on a flood plain and even if the rig was set up its pointless until roads and associated earthworks are completed for access for fuel tankers and service equipment.
Im heavily invested in the heads and will continue to buy if further weakness but struggle to see any value in the options and am very fortunate i sold the options for a substantial profit before results were released . Little point in gloating about that gain as many losses to counteract a win.