Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-43

Agree - These are initial net pay numbers and only likely to grow. We've also got about another 1000m of Lower Angwa that we know contains high pressure gas and will likely increase the net pay even further. Add to that the indications of likely light oil in other areas of the basin - plus we've now proven that the other fairway targets and basin margin plays are highly likely to also provide discoveries - the potential here is huge and can't really be compared to some of the other recent discoveries which are both unconventional plays, but also target much smaller volumes of prospective resource (i.e. 1 TCF or lower). Invictus has the lions share of an entire basin!