IVZ 1.47% 6.9¢ invictus energy ltd

The Word is Spreading!, page-12

  1. 7 Posts.
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    Frankly. If we actually have 20 TCF recoverable. At $2 to $4 Billion Per TCF, Plus liquids and helium - with an 80% working interest. I think we’ll blow $2.40 out of the water. In the long run. Once we’re producing and have the whole field proved up. Pending dilution and farm out deals and such. The value of the hydrocarbons per share… run the math. It gets stupid.

    I think the reason we’re this low is because the market is inherently a bunch of emotional idiots making emotional idiotic decisions. People got burned on Mukuyu 1 and the stock tanked. Algorithms and technical traders look at the charts and say positive news okay we’re gonna go back to our most recent technical high. Or whatever. Shorts and hedggies play their role too. Stick a massive sell wall in there, walk it down, etc. Retail is mostly bone dry in terms of powder cuz we got in it before the results. I think the discovery in a sense is baked in. Some people wanted bigger numbers in terms of net pay. Looming capital raise. Scotty says no but some people perceive yes. People are nervous cuz it’s Zimbabwe. I’m in the United States myself. Nobody over he re has even heard of this. They see OTC they think penny stock trash. I mention Zimbabwe and they roll their eyes at me. Good for us. Lots of opportunity. Also most funds won’t touch it at this stage anyway. I think also oil and gas is toxic to large funds who are now obsessed with ESG and think fossil fuels are the devil. All of it creates massive market inefficiencies which I am happy to exploit for personal gain
 
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Last
6.9¢
Change
0.001(1.47%)
Mkt cap ! $104.6M
Open High Low Value Volume
6.8¢ 6.9¢ 6.6¢ $154.7K 2.297M

Buyers (Bids)

No. Vol. Price($)
1 21567 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 17271 1
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Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
IVZ (ASX) Chart
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