JRI IVZ Fireside Chat - March 26, page-498

Add to the process of infiltration into a virgin basin, both attempts of which wells have produced two successful sets of results...enter Wood McKenzie.

The answer or missing factor as it were is 'patience'. I can see it now when the PPSA is announced, most will scratch there head when the price break out and the rest of the picture suddenly becomes clear. Add once a JV partner and then commercialisation terms are reached.

Short sightedness was clearly the picture painted from the JRI/interview. Scott eluded to to this factor as much as humanly possible. As a longer termholder, this investement has only occrrued in value. It's a matter of perspective. Am loving an opportunity to buy in the 7s...