IVZ 1.52% 6.5¢ invictus energy ltd

Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-80

  1. 52 Posts.
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    Plugging the new net pay figures into some calculus to determine possible share price:

    Where i = net pay, x and y are field dimesnions

    (1 + 2i)² – 2(1 + 2i) + 5 = 1 + 4i + 4i² – 2 – 4i + 5 - 3x + 1 + (y + 2)i = 2x + 2yi

    Therefore the SP should be approx $2.40 ... wait what ?
 
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