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1.47%

6.7¢ invictus energy ltd

JRI Fireside chat with Scott Macmillan Tues. Nov 28 @ 9:00 Perth/12:00 Sydney, page-393

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Kiwigeo8339

3,706 Posts.

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29/11/23

10:42

Post #: 71163439
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Originally posted by Davy Boy: ↑

My take away on the farm in is that I don't think SM is keen on handing over operatorship until they have unlocked some real value. To unlock real value we need to drill string of pearls and out East IMO , prove up HC's in those 2 areas and Roach may not be too far off. They have to drill a well outside SG 4571 before mid 2025, that was another bit of info I gathered, my understanding was the leases would all be rolled in to 1 on discovery but SM confirmed yesterday that the leases are separate and can be traded as such. However I don't think any co would accept that and SM basically said as much .So 3D, flow test then 2 wells. I noted that SM said they were trying to water proof the drilling so they can drill all year round, I suspect a lot of that would depend on where the well is so choose drill locations that fit the weather. Last thing we want IMO is a partner with no cash or a big mob who move like glaciers. We need the Mumma bear.

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"Last thing we want IMO is a partner with no cash or a big mob who move like glaciers. We need the Mumma bear. "

Kerry Stokes?

IVZ Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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(20min delay)
Last 6.7¢		Change -0.001(1.47%)		Mkt cap ! $101.6M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.7¢	$87.62K	1.285M

Buyers (Bids)

No.	Vol.	Price($)
5	405865	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	639754	5

View Market Depth

No.	Vol.	Price($)
5	405865	0.067
5	362766	0.066
6	589319	0.065
4	488350	0.064
3	264618	0.063

Price($)	Vol.	No.
0.069	639754	5
0.070	913194	7
0.071	1064037	10
0.072	1002000	8
0.074	242618	2

Last trade - 16.10pm 17/09/2024 (20 minute delay)

IVZ (ASX) Chart