IVZ 1.41% 7.0¢ invictus energy ltd

IVZ Share Price, page-17904

  1. 1,836 Posts.
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    The TD announcement for the sidetrack could be released as early as tomorrow (or next Monday at the latest).

    The announcement last Monday reported that drilling had already started and therefore the sidetrack was already started on Sunday local Zimbabwe time (maybe even on Saturday).

    With an average ROP of 12-15m/h they need less than 5 days to drill the 1,434m to TD at 3,400m. Therefore they could reach TD today (Thursday Zimbabwe time) and we will get an announcement tomorrow before the start of trading (quasi just in time....).

    Sometime next week the final logging and sampling results could be released. We are now really entering the home straight...
 
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