IVZ 1.56% 6.5¢ invictus energy ltd

Ann: Mukuyu 1 & Sidetrack Well Results, Rig Secured for 12 months, page-37

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  1. 248 Posts.
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    Not a great announcement, but thankfully not a duster. In the short term, we will expect to see the SP take a hard hit, then as always momentum will build to drive the price back up around .28 to .32 cents.

    You can feel Scott's frustration with BH through his words within the announcement and hopefully we can find a suitable replacement without much delay.

    Sometimes you need some luck in this game, and with both the tool and hole issues we have hardly seen any. However, this does not mean that what has been indicated within dataset does look promising that this will be a giant discovery.

    Good luck to all.




 
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