Ann: Mukuyu-2 fluid sampling progress update, page-691

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Roch2077

10,189 Posts.

1987

14/11/23

07:24

Post #: 70880453
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Originally posted by JRIPodcast: ↑

But the sky isn’t falling. Still lots of options even if we assume M-2 is doomed (which isn’t a fair assumption).

Another side track is an option.
Flow testing M-2 regardless of samples is another option.

This isn’t a Mickey Mouse operation. Scott’s team is highly experienced - with massive additions since the M-1 disappointment - and SLB is world-class. If a fluid sample can get dragged to surface under these conditions, these guys will do it. You can already tell IVZ has learned lessons from M-1 based on the fact they still have another shot at this.

yea you can always swing trade, derisk, reduce your position, but that’s down to the individual investor’s comfort levels and skill sets. Fundamentally, it is as it always is. You either believe Invictus has what it thinks it has or it doesn’t. Bull or bear, long or short.

Yea dilution would absolutely sting, but again - that’s just associated risk of wildcatting in one of the most remote O+G jurisdictions in the world. From my perspective IVZ is doing what it can to achieve a positive result. I would absolutely be frustrated but it still wouldn’t change the geological fundamentals that has everyone so excited here.

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JR Davy and his mate sold why you replying to the donkey. They changed over some sensors on the testing tools this has nothing to do with the hole itself. From taking the safest option with TDL with a 100 percent success rate last week the company is making the safest decision for all holders. I’ll sell because of sensor changes hahahah

IVZ Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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Ann: Mukuyu-2 fluid sampling progress update, page-691

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Ann: Mukuyu-2 fluid sampling progress update, page-691

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