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4.55% 6.9¢ invictus energy ltd

Given the wellpad has already been constructed wouldn't it be...

  1. johnkovacc
    995 Posts.
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    26/10/22
    14:38
    Post #: 64408931
    Given the wellpad has already been constructed wouldn't it be significantly cheaper to "re-drill" and aim directly for the heart of the 200 amplitudes? Rather than the edges?

    If Mukuyu-1 cost $16 mill and Baobab $10 million maybe it could be done for circa $5 million? Given no cost of earthworks, wellpad construction and perhaps limited mobilisation time if Exalo/Baker Hughes can get it done immediately after Baobab
    IVZ Price at posting: 13.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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