IVZ 1.27% 7.8¢ invictus energy ltd

Ann: Annual Report, page-12

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    That's not recoverable figures Fred, just potential resource. Oil discoveries usually about 5 - 7% recoverable, so maybe, 300m barrels sold, about $15b over 30 years. Maybe 500m revenue a year. More real numbers? (but that would be 27,397 barrels per day so still not likely unless we get lots of good pumping wells).
    Just for reference Melbana claims a ten billion barrel discovery so what their NPV?
 
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