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1.14%

8.7¢ invictus energy ltd

Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-280

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jakspara

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28/12/23

17:45

Post #: 71645512
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Originally posted by pilko3: ↑

RE the upcoming M2 flow test we all need to temper what SM has already said about M2 and its potential to flow gas in big heaps...lets hope he hasn't become carried away with his enthusiasm as he did when he mentioned alternative sources of funding which actually mislead many punters as they then set up the CR.
So now a flow test is on the cards and we are listening to the story that it should and will flow like a champion...how does SM know this? Experience or info unreleased re M2? What if this opinion turns out to also be misleading? Different context I know but...
Danger below...a crumby result from flow test will surely set back this IVZ venture somewhat seriously after what has been intimated re same! Still quite a few ducks have to line up in the next several months. Stay Frosty we are almost there!

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pilko, if investors chose to hear “alternative funding method” as bank finance etc, off the back of a maiden discovery, yet to be flow tested, then there’s really no helping them. Scott is a reservoir engineer, he might just know a thing or two about how an over pressured hydrocarbon reservoir will perform.

IVZ Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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Last 8.7¢		Change -0.001(1.14%)		Mkt cap ! $123.3M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.4¢	$496.7K	5.718M

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No.	Vol.	Price($)
2	10998	8.7¢

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Price($)	Vol.	No.
8.9¢	400000	1

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No.	Vol.	Price($)
2	10998	0.087
1	100000	0.086
1	14457	0.085
8	364119	0.084
4	383830	0.083

Price($)	Vol.	No.
0.089	400000	1
0.090	250000	1
0.091	315000	2
0.092	325000	2
0.093	360000	5

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