Actual reason for IVAN share rise late last week ...
Ivan presented at an oil conference in Moscow on the 19th. The presentation is available for review on the company website. Logically, this event was the basis for increased volume and share price appreciation last Thursday and Friday. Another presentation is scheduled in Latin America tomorrow, which may (or may not) provide an additional boost in the short term. Russia certainly holds the most extensive heavy oil reserves in the world.
Every other presentation over the last 2 years was not accompanied by a share price increase.
Six year old logic will not change the reality of what is to come this week - keep watching Zooloser.
What a guru - LMFAO
Perhaps their presentations are improving ... or the case for heavy oil development is getting stronger. However, as somebody once said for the first time, "Convince a man against his will, he'll have the same opinion still."