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4.05%

7.1¢ invictus energy ltd

Ann: Multiple TCF Prospectivity Identified - Eastern Cabora Bassa, page-293

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ammie

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06/09/24

16:08

Post #: 75564310
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Originally posted by Davy Boy: ↑

The plan has been to deepen MK2 and then flow test as the 7 inch liner has been run down to 3400m.
I stand by my previous post.
SM would have to be lying through his teeth,
a. To raise money from the Zim pension fund IF he even had a hint it wouldn't be commercial, imagine the fall out and the damage to relations with the gov!
b. MOU to supply gas to the gold mine. Only a complete numpty would even consider that deal IF they didn't believe a commercial flow test was pretty much a given.
c. Why would he even suggest that the well will be used as a producer IF there was any doubt in their mind it wouldn't flow commercially?
d. Only the dumbest CEO would upgrade their website and claim "transitioning from explorer to developer" IF they had any doubt about the flow test.

Whilst I grant you we don't know what we don't know its fair to say there has been zero from the company that suggests anything other than a commercial flow test and they have all the data.

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I thought it was flow test the discoveries first and then deepen. Regardless, can't wait for the flow test.

IVZ Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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