The liner, 7 inch, is already set down to 3400m. Its no secret that the whole of southern Africa is in electricity deficit. Power lines 2-3 km away from Mk2. I doubt there has ever been a more straight forward way to monetise gas.
We have drilled up to Christmas so IMO with shallow exploration wells, SM says 2 weeks to drill + evaluation for shelf/east wells. I'd guess that a flow test will only take 3 weeks probably as they are drilling from 3400m where the 7 inch liner is set to. Probably only 6-800m to drill before the rig taps out on depth. https://www.invictusenergy.com/wp-content/uploads/2023/12/61186863.pdf
IVZ Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
