IVZ 1.28% 7.9¢ invictus energy ltd

IVZ - General Discussion, page-1152

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    Pilko3notes:“Likeshooting fish in a barrel I believe was said by SM”

    I remember SM saying that about future exploration in the basin and I didn’t believe it. I spent most of my career working in oil and gas and the last 15 inexploration. 2 wells have been drilled in one prospect. This is exploration in a frontier area. The basin is yet to be a proven to be a super basin like those found in parts of USA, Alaska, Saudi and Australia where the shooting fish in a barrel analogy might apply. They need to focus on proving the existing play is commercial before pursuing the string of pearls play.
    Last edited by BigAl82956: 03/01/24
 
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