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clock Created with Sketch. 01/02/24
01:11
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Originally posted by Wildcat77:
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When one reads this Quarterly report IVZ management must be scratching their heads saying what the hell is going on here and why is the price stuck at these levels."During the quarter, Invictus declared two material discoveries after recovering a total of 15 downhole gas-condensate samples from both the Upper and Lower Angwa targets from the Mukuyu-2 drilling campaign, with a combined preliminary net pay of 34.9m." "Recent independent analysis from Wood Mackenzie classifies Mukuyu as the 2nd largest discovery made in Sub-Saharan Africa in 2023 behind Shell’s Jonker-1 discovery in the Orange Basin in Namibia."
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its all about having the money to develop it. without out it, it doesnt matter how much may be in the ground.
