Hi All,
For those interested, just posting my summary of todays ASX release and a few other Slides.
IMO, a small but important point is commented on in Slide 1 - Item 1 - a degree of confirmation that they have intersected the very shallow stratigraphy in Mukuyu-2 that they were expecting to from mapping out of Mukuyu-1.
I have also included in Slide 2 a summary of the prognosed drill, formation isopachs anticipated and comment on the 17 1/2" 496mMD section depth.
In Slides 3 to 6 I've included my "Link Analysis". I do this on occasions, when very little data has been released, to try and link a company's key decisions and comments to the data they will / are very likely to have in an attempt to get a feel for what key data they may be relying on to have made their decisions. And hopefully come up with a refined assessment of the risk associated with current / near term opportunities. Apart from the obvious Mukuyu-1 well data, IMO the Rock Physics (Quantitative Interpretation) analysis is likely providing IVZ with a lot of information.
GLTAH
Cheers
VOGC
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- Ann: Mukuyu-2 Drilling Update
Ann: Mukuyu-2 Drilling Update, page-93
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