IVZ 1.45% 6.8¢ invictus energy ltd

Ann: Mukuyu-2 Drilling Update, page-522

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  1. 3,706 Posts.
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    "However, my confidence was jolted today when my sharp advisor said to me " you are on your own and good luck mate " I asked why and he said he was reliably informed that " MI was a duster and its bullshit about blaming Baker and their tools and this is why M2 is 7km away and they are long shooting again with share holders money on a wing and a prayer "

    When your (primary and back up) wireline tools, LWD tools and Mudlogging Unit gas equipment all repeatedly fail and the common factor is the same service company...even a five year old would be able to reason what the main issue is.

    Unlike your advisor I've worked with all the major service companies over a 35 year period and I can tell you that when asked to rank them according to quality of service and tool reliability Baker is at the bottom of the list.

    "We need regular, truthful and complete updates not bullshit."

    Complete updates are best given once a target has been fully drilled out....I'd much rather see a single release summarizing the PA and Upper Angwa and another for the Lower Angwa.
 
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