Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

3.08%

6.3¢ invictus energy ltd

Ann: Gas Sales Agreement to Deliver Power to Eureka Gold Mine, page-145

First 145 Last

Share
Profile

Follow
CountStonkula

894 Posts.

457

24/04/24

08:44

Post #: 73488723
Share

Originally posted by Gharp: ↑

I'm only bringing up topics of conversation that maybe people should ponder ? The company is not clear what the real fast track pilot plans are or what it entails and no they won't have 2 different companies running a pilot on a single well with an unknown long term flow rate so the deduction or question I'm asking people to ponder, with all the exclusivity that they spelled out in the DEC Mou that Mbuyu aren't going to build a 50MW gas power plant on the single MK2 well and they've found an alternative partner to fast track the pilot?

The language was "May Elect" so was fairly non committal anyways. Looking like Mbuyu are more interested in building a larger scale 500MW plant when the field has been proved up a bit more.

I've said a number of times now that the new MOU looks more realistic because if they really are trucking gas then the pilot would be less reliant on constant flow rate from this well that may not have been optimally designed for production, which basically will be in still in the test/pilot phase to see the long term rates that can be achieved. I could come up with a host of conspiracy theories why its changed course only 4 months out from the first MOU but really not into that.

Expand

Why mention them then, you little trickster.

IVZ Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

Trump is President Again: What Does This Mean for Crypto?

ASX Market Open: Australian market set to open slightly lower following a mixed session on Wall Street | November 12, 2024

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 145 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.3¢		Change -0.002(3.08%)		Mkt cap ! $95.53M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.3¢	$53.57K	849.1K

Buyers (Bids)

No.	Vol.	Price($)
2	489560	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	22000	1

View Market Depth

No.	Vol.	Price($)
2	489560	0.063
4	495616	0.062
4	708099	0.061
5	615000	0.060
4	288991	0.059

Price($)	Vol.	No.
0.064	22000	1
0.065	11700	1
0.067	39888	1
0.068	102728	3
0.069	305000	2

Last trade - 15.35pm 11/11/2024 (20 minute delay)

IVZ (ASX) Chart

SPONSORED BY