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6.8¢ invictus energy ltd

Ann: Mukuyu-2 sidetrack drilling successfully commenced, page-143

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27/11/23

19:25

Post #: 71132671
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Originally posted by 7seven7: ↑

Yes this. No samples isn't the worst case, no liner run is by far the worst case.

For me, as I posted a couple of weeks ago... I would have not worried about this side track and just used the funds instead to run the liner in the original well and wait to flow test it next year - would have already been fully funded for this imo. If we are in a position with this well where they are struggling again with the sampling tools (which I think is unlikely), then they need to get the liner down while the hole is in reasonable condition and forget the sampling. It just delays the "discovery" a few months.

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No samples is the worst case.

So IVZ announce no samples, but announce liners have been set for flow testing next year. GOOD NIGHT. You will be asleep for a long time.

Shoosh up. You don’t know what you are talking about.

If IVZ had a money pit and was privately owned, you’d be forgiven.

IVZ Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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