IVZ 1.45% 7.0¢ invictus energy ltd

Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-725

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    If you really want to push the figures, the over pressurised zone started at around 3400m, they stopped short of this in the ST, probably in the shale above it with a margin of safety to avoid it, so it’s really only 100 metres of the over pressurised section. So, in theory, if the 21 metres “all” came from that section it’s 21%. As KG has said, the LA is a massive member and is likely to be better due to being sandier, from the photo below, it looks like beach sand.
    https://hotcopper.com.au/data/attachments/5866/5866451-afe75b0e56932c4838e2bc5498d8aa9a.jpg


    Last edited by Greenocean: 06/01/24
 
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