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1.41% 7.0¢ invictus energy ltd

Ann: Mukuyu 1 & Sidetrack Well Results, Rig Secured for 12 months, page-235

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  1. ferncol
    2,390 Posts.
    lightbulb Created with Sketch. 409
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    03/01/23
    15:00
    Post #: 65511014
    devistation all round, not really considering we were drilling a wildcat. Probability of hitting a discovery was an absolute long shot. S.M indicated this himself.
    which brings it to the point of were the sp is sitting at the moment, we were willing to pay these prices over 12mths ago with a cr lurking and all of the unknown. Well as sm has said they have proved a working hydrocarbon system.
    call me a fool but i much prefer our odds today than over 12mths ago.
    IVZ Price at posting: 14.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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