IVZ 7.14% 7.5¢ invictus energy ltd

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  1. 142 Posts.
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    Well hopefully with some institutional support which the recent announcement stated was quite strong

    https://hotcopper.com.au/data/attachments/6046/6046895-0cf5c9392149e01989b16cc72206bdce.jpg

    along with a further investment from the SWF, we should hopefully be able to raise $15m-$20m and move on with the flow test and 3D.

    I still come back to the fundamentals of the information that we do know:

    - 2confirmed gas discoveries.

    - Gasquality is high.

    - WoodMac estimate of 230mboe and the 2nd largest discovery in 2023.

    - Locatedsmack bang in the region where there is a major energy shortage.

    - Proximityto the SAPP

    - Industrialconsumers begging for cheap energy.


    It just seems odd that there is a presumption that the projects would be canned / stalled at this stage. It would be a complete embarrassment for the country considering all the media comments from high level ministers etc.


 
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