IVZ
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1.49% 6.8¢ invictus energy ltd

Cautious Optimist, page-3

  1. Stinkyfatwhale
    1,610 Posts.
    lightbulb Created with Sketch. 804
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    18/10/22
    10:18
    Post #: 64250025

    GT55 nailed it.
    The wells are literally just cracking open the earth to take a sneaky peak.

    At the moment our maket value is based on IF we have the goods.

    Once we confirm that we DO have the goods (answering said IF) then our market value should change substantially.
    We would then need to raise capital to build facilities and infrastructure for us to go into production... however if there is no doubt about the resource that really shouldnt be an issue. (queue potential buyout by big oil etc.)
    IVZ Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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