Not withstanding all this chat someone saw fit to buy 600,000 shares at 10 cents an hour or so ago...nice show of faith eh? Next steps are releasing the results of lab tests...no reason to think they are anything but good. Then plug on to set up the Flow test (maybe mid March?) which results should hit sometime in April.
If these are nice as well then IVZ has created another window of hope. If they could swing that MOU into shape fast to take gas from M2 and sell it to the guys who want the gas to power deal (initial 50MW modular plant) ten how long before that plant would be ready to go? Just trying to picture how IVZ could swing a paid gas deal from M2 and what is entailed in turning M2 into a producing well? Is the timing too lengthy to affect the company's ability to raise cash either a CR or farm in? Raising cash would be a whole lot easier (one would think) if M2 was producing and getting paid for it.
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6.3¢ |
Change
0.001(1.61%) |
Mkt cap ! $89.32M |
Open | High | Low | Value | Volume |
6.2¢ | 6.4¢ | 6.0¢ | $308.9K | 5.008M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 160000 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 147648 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160000 | 0.062 |
4 | 741332 | 0.060 |
3 | 900000 | 0.059 |
4 | 399842 | 0.058 |
2 | 25500 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 147648 | 2 |
0.064 | 839531 | 4 |
0.065 | 693000 | 5 |
0.066 | 965000 | 3 |
0.067 | 956665 | 4 |
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