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6.2¢ invictus energy ltd

Ann: Securities Placement Capacity Update, page-98

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Gharp

3,975 Posts.

662

09/09/23

15:23

Post #: 69796481
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Originally posted by Davy Boy: ↑

Possibly or its been worded that way to take the sting out of it.
Its such a random date....its a Saturday??

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Seems okay to use the 16th as it's 5 full business days then

Originally posted by Davy Boy: ↑

I'd be surprised if the seismic cost 5 million. It was half the size of the first lot. 839 sq km - 425 sq km.
All the Polaris trucks were in Harare so I'd expect second 2D to be less than half the first 2D BUT I have no clue what first 2D cost but I doubt it was 10 million.
I'd say this 2D 3 million tops + interpretation.
I personally believe the well should/could be drilled sub 20 million.
105 days to drill Mk1 + St @ $180k per day quoted by Butch = ~ 19 million on its own.
55 day well @ $180k per day ~ $ 9.9 million.
By the way $180k per day is absolutely over the top for a land based drill rig and I suspect most of that 180K per day can be attributed to Bakered screwing the pooch.
https://www.plantengineering.com/articles/onshore-rig-global-day-rate-data-and-insights/

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what are your thoughts on where 12mill went in q2

IVZ Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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Last 6.2¢		Change 0.006(10.7%)		Mkt cap ! $87.91M

Open	High	Low	Value	Volume
5.9¢	6.2¢	5.7¢	$151.3K	2.566M

Buyers (Bids)

No.	Vol.	Price($)
2	2607434	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	255706	8

View Market Depth

No.	Vol.	Price($)
2	2607434	0.060
1	16610	0.059
2	258621	0.058
4	166015	0.056
8	749371	0.055

Price($)	Vol.	No.
0.062	255706	8
0.063	62653	4
0.064	20000	2
0.065	45000	3
0.066	200000	1

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last 6.1¢			Change 0.006 ( 7.02 %)
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