That's my thoughts as well. I think 2.50 is achievable of this first well but I am really interested in the volumes quoted. If you listen to some of the interviews Scott said when they received the reports the tcf was ridiculous and that the market would think IVZ had inflated them so they were scaled back to make it more believable. What was the original report saying. 30 tcf 50tcf I don't no but I'm not doing anything until the first well is drilled as it's quite possible this could be a lot bigger than anyone here can imagine .
That's my thoughts as well. I think 2.50 is achievable of this...
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Mkt cap ! $99.25M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.1¢ | 6.8¢ | $86.23K | 1.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15858 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 170074 | 4 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 7.1¢ | 7.1¢ | 6.8¢ | 597168 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| IVZ (ASX) Chart |