I should add for the record, i dont mind @Roch2077 at all, and dont see why people get their knickers in a knot over his or anyones posts - its HC after all. In fact i think his 2-3bill value could happen in a few years if everything goes to plan.
I was in a failed oiler called Petrol Energy, they then RTO'd into Warrego Energy. WGO had some Perth Basin play which i adopted. I did some DD and said wow, but others had drilled the area to not alot of success except Mitsui (AWE). I looked into Strike Energy as they were the 50% operator (bought from WGO) and they were failing at JAWS project, failed in the US, and this PB play was like a last stab. People were very very negative as you could imagine. Hot Copper calling for heads. I had a ton of WGO so threw the house at STX at 6c then 9c. They drilled and got the D, flow tested like mad. Rest is history. WGO went 10x and STX still going at 44c. No prizes how i bought here.
Point is, IVZ has incredibly similar hot copper sentiment and thoughts as WGO/STX back then from most. Nobody could ever imagined what has happened from the WGO takeover, to STX, SE and WE discoveries to now, except a few "rampers".....rest is history. It happens. But as Mike says....
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Thanks to kiwigeo, page-37
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