IVZ 3.85% 8.1¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-1324

  1. 10,189 Posts.
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    So people sold this down because:

    1. We have never known what the lower Angwa had until now and it’s full of gas and the pressure as Scott stated amazing for flow rate coming up in 3-4 months time
    2. The drill went 300m to deep hitting this high pressured system which effected the testing and sampling
    3. they now will drill new hole until exactly where the pressure started
    4. We have gas/light oil
    5. we have a movable hydrocarbon system

    This will still end up north of $2.40 in the next 3-4 months either way as flow testing begins. Investors waiting for samples like it makes a difference laughable. There is no such thing as duster anymore. The oil and gas is already proven, the basin already de risked and will still end up multiples when it comes to flow testing in the next 3-4 months. This will still end up north of $2.40 on flow testing in the period ahead
    Last edited by Roch2077: 24/11/23
 
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