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1.33%

7.4¢ invictus energy ltd

Gas shows or no gas shows in the 200 (Post Dande)?, page-18

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mwatts

3,463 Posts.

794

14/10/22

08:01

Post #: 64192409
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Originally posted by Bastion151: ↑

Sorry, rubbish was being unfair. My issue was just that I think it's still too early to assume there's no gas in the first horizon and therefore less chance of gas in the entire well purely because there hasn't been leaky information from the drill site.

For me, while your timing for drilling into the 200 could be accurate, nothing IVZ has done leading up until now has been on time and I also wouldn't be surprised if they've only just begun to drill into it. Also the lack of a kick wouldn't mean much as you pointed out as the goal is to avoid one.

We've known from the start that chances are we wouldn't be getting results until the entire first section was drilled and logged and while I certainly hope it's full of gas, the lack of insider buying/leaky information isn't a confirmed sign that it's not there

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I would also say that if their was no gas/oil and this information was being leaked the SP would be a lot lower than 18.5 cents

IVZ Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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Last 7.4¢		Change -0.001(1.33%)		Mkt cap ! $112.2M

Open	High	Low	Value	Volume
7.4¢	7.6¢	7.2¢	$62.75K	846.7K

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No.	Vol.	Price($)
2	119539	7.4¢

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Price($)	Vol.	No.
7.5¢	50000	1

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No.	Vol.	Price($)
2	119539	0.074
1	100000	0.073
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3	89050	0.071
4	383942	0.070

Price($)	Vol.	No.
0.075	50000	1
0.077	110600	2
0.078	115267	1
0.080	94368	4
0.081	14336	1

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