Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

1.52%

6.5¢ invictus energy ltd

Huan,Thanks for your analysis - certainly thought provoking.The...

First 81 Last

Share
Profile

Follow
Polyh

690 Posts.

141

14/05/24

23:22

Post #: 73825005
Share

Originally posted by huaneng: ↑

Great presentation.
Only the deepening of Mukuyu 2 with planned flow test is a weak point IMHO.

I think with all collected and interpreted data & info, IVZ should have a good idea or guesstimation if IVZ can expect a commercial flow rate or not. But it could be that their current guesstimation allows just a dodgy prediction of a lousy, commercial marginal flow rate?

If we see such a marginal low rate from the Mukuyu 2 well test (the test and deepening was promised for Q2, 2024 - I did not see a fixed day for starting the well test in this presentation?), this could be a desaster for the share price of IVZ. My conclusion is that this possibility and risk is the reason of the strategy for the next steps in this presentation, where IVZ is highlighting the improved seismik, the better defined prospects ready for drilling and the coming contracts with Zimbabwe and other companies, to survive - which is ok as strategy for IVZ in such a situation, me thinks

Expand

Huan,
Thanks for your analysis - certainly thought provoking.
The worst case scenario is a marginal low flow rate and still no PPSA.
I don't know how they will recover from that.

IVZ Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 196 more messages in this thread...

First 81 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.5¢		Change -0.001(1.52%)		Mkt cap ! $92.16M

Open	High	Low	Value	Volume
6.7¢	6.7¢	6.4¢	$142.6K	2.208M

Buyers (Bids)

No.	Vol.	Price($)
1	4115	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	65728	3

View Market Depth

No.	Vol.	Price($)
1	4115	0.065
1	320173	0.064
2	20000	0.063
5	66258	0.062
2	491963	0.061

Price($)	Vol.	No.
0.066	65728	3
0.068	282056	3
0.069	110901	2
0.070	385147	3
0.073	100000	1

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last 6.4¢			Change -0.001 ( 4.48 %)
Open	High		Low	Volume
6.6¢	6.6¢		6.4¢	1208888
Last updated 15.48pm 30/05/2024 ?

IVZ (ASX) Chart

SPONSORED BY