IVZ 1.37% 7.4¢ invictus energy ltd

IVZ Valuation, page-11

  1. 1,117 Posts.
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    I heard that part aswell

    he was saying that the data is the important / valuable part and seemed like the main focus . I think he was replying to someone asking a question about the Well and what they're going to do with it after.

    it did make me think / sounded like that his strategy is to actually sell the company after proving it up and not actually developing it himself. I'd say it's a smart strategy. One of KKO's directors previously built up a 1TCF resource and sold it to British Gas for $1B AUD in 2009. But dont forget they will need to drill multiple wells to prove up the resource . Pretty sure thats his game plan
 
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