IVZ
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0.00% 6.2¢ invictus energy ltd

Ann: Annual Report, page-5

  1. slipperymack
    1,585 Posts.
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    31/10/23
    20:58
    Post #: 70652058

    1M cf natural = 172.3947BOE, so if I calculated correctly 1T cf of natural gas = 172,394,700BOE.

    A quick calculation is to divide your natural gas cf reserves by 5800 to get a BOE.

    So working on the 35Tcf estimate, we pretty much exceed the combined targets/leads total above, 5,495, by calculating 35 x 172,394,700 = 6,033,814,500 boe??

    Suggesting a future shareprice of.....????
    IVZ Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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