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4.05% 7.7¢ invictus energy ltd

Ann: Invictus Awards Seismic Contract, page-51

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  1. charlesn
    4,017 Posts.
    lightbulb Created with Sketch. 1387
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    01/05/21
    08:59
    Post #: 52863728
    East Timor article in the AFR, mentions that the Woodside Timor Sea Sunrise gas project will cost $16 billion to develop, which includes infrastructure, and as a result of the shift to renewables will never happen. The window for that sort of spend having now closed.
    Bad for East Timor, but whotf knew a project could cost that much to develop. For that you'd need a deep pocketed farm in partner.
    For our pissant capex you need a few drill bits, well heads and a length of pipe ... boom
    Last edited by charlesn: 01/05/21
    IVZ Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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