Imo the only thing that will push the sp in a meaningful way is an announcement that they intend to drill MK2 asap.
A 3d program with the associated wait for it to be shot, interpreted will be minimum 6 months imo.
Problem with 3d is what will it cost? 4 to 6 million??
Thats potentially half our cash.
I believe, if 3d is happening, that there will be a smallish cr, enough to cover 3d + extra casing ECT.
Problem with all the above is any cr now will likely be at 10c or below as 3d is not as sexy as drilling.
I think SM is in a bind a bit.
If he didn't ring around service providers prior to sacking BH, I'd be staggered if he didn't, I can see no earthly reason not to drill a well based on the quasi 3d we currently have and announce a discovery asap.
Every other option will see very lengthy delays and the sp will not withstand that imo.
- Forums
- ASX - By Stock
- IVZ
- Upcoming JRI-Invictus Webinar Questions
Upcoming JRI-Invictus Webinar Questions, page-644
-
- There are more pages in this discussion • 165 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
|
|||||
Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $104.6M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.9¢ | $64.32K | 927.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 336596 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 105714 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 336596 | 0.069 |
4 | 214705 | 0.068 |
2 | 218700 | 0.067 |
2 | 44576 | 0.066 |
1 | 150000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 105714 | 2 |
0.071 | 764037 | 7 |
0.072 | 1100138 | 10 |
0.073 | 1036012 | 6 |
0.074 | 1002617 | 6 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |