IVZ 4.62% 6.2¢ invictus energy ltd

Slipperymack and Frank7717 have posted about the possible need...

  1. 50 Posts.
    lightbulb Created with Sketch. 24
    Slipperymack and Frank7717 have posted about the possible need for "hundreds of millions" of dollars funding to come. Now I don't think anyone really knows what it will cost to develop the recent IVZ discovery, however as the chart below from the internet indicates field development cost will be many mangnitues larger than the upfront exploration costs that have been funded by IVZ todate. Getting a partner will help sharing that burden but it will not mean IVZ's need for significantly more money in the future will magically dissapear.
    https://hotcopper.com.au/data/attachments/5847/5847834-fd2dc5a213751b6d93f21e253711f057.jpg


 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
-0.003(4.62%)
Mkt cap ! $89.32M
Open High Low Value Volume
6.7¢ 6.7¢ 6.1¢ $205.0K 3.263M

Buyers (Bids)

No. Vol. Price($)
1 9253 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 15000 1
View Market Depth
Last trade - 15.27pm 25/06/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.