IVZ 3.70% 5.6¢ invictus energy ltd

Ann: 2D Seismic Identifies Multiple Prospects in Dande Formation, page-17

  1. 16,138 Posts.
    lightbulb Created with Sketch. 3734
    Dande is a geological layer not specific to Mukuyu.

    A couple of things from my perspective.
    The confidence level would have to be much much higher for these targets than pre drill.
    3 lots of seismic and 2 wells will have had a material affect on certainty.
    The structures are massive.
    From the map Mopane and Musuma are similar, if not bigger in size, than Mukuyu. I make them about 225 sq km approx.

    Whilst I don't think it will shift the sp, it probably should though given there are 2 discoveries not far away, its nothing but great news.
    I'm looking forward to a prospective resource number for the Eastern leases it has the potential to make Mukuyu look pedestrian.



 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
5.6¢
Change
0.002(3.70%)
Mkt cap ! $79.40M
Open High Low Value Volume
5.6¢ 5.7¢ 5.4¢ $153.5K 2.775M

Buyers (Bids)

No. Vol. Price($)
1 49999 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 35000 1
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
5.7¢
  Change
0.002 ( 5.17 %)
Open High Low Volume
5.4¢ 5.8¢ 5.3¢ 999121
Last updated 15.36pm 14/06/2024 ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.