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7.5¢ invictus energy ltd

Ann: Multiple Farm-in Bids Received & Wellpad Construction Start, page-57

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MorbidFury

1,266 Posts.

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27/04/22

13:23

Post #: 61044479
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Originally posted by Davy Boy: ↑

Yes makes you wonder what the permutations will be.
I personally wouldn't like to see us give out 33%.
I personally think it will be more cash for 25%.
The problem we as shareholders have, that potential farm in partners and IVZ management don't have, is we have no clue what or how big the upgrade will be and I'm certain it will be an upgrade.
What IF we get a 40% upgrade?
That would put us at ~ 13 TCF, but given the A-1 target could be more liquids then it might be 13tcf + 500mmbbls [ 250 from Big K-1].
If this was the case handing over 25% would leave us with more than we started with, 9,75 tcf and 375 mmbbls.
All those that have stuck their nose in IVZ's data room will know how big this actually is.....whish I did!

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Rest Assured given Scott has skin invested he will sure not want to overly dilute our shareholding. I am looking forward to the resources upgrade too
(New 200 horizon + 3-4 in the new basin margin + other horizons .

What's your take on the Working Petroleum System @ 1.9B oil equivalent statement in todays presentation. Was that part of the initial resource estimate in 2019 as I do not re-call seeing that??

IVZ Price at posting: 18.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.5¢		Change 0.001(1.35%)		Mkt cap ! $113.7M

Open	High	Low	Value	Volume
7.4¢	7.6¢	7.4¢	$96.63K	1.300M

Buyers (Bids)

No.	Vol.	Price($)
1	22186	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	7	1

View Market Depth

No.	Vol.	Price($)
1	22186	0.074
2	180328	0.073
1	20000	0.072
4	36150	0.071
2	152085	0.070

Price($)	Vol.	No.
0.076	7	1
0.077	99850	1
0.078	115267	1
0.080	94368	3
0.081	100000	1

Last trade - 11.15am 30/09/2024 (20 minute delay)

IVZ (ASX) Chart