IVZ 2.90% 7.1¢ invictus energy ltd

I think the most positive information is going to come once they...

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    I think the most positive information is going to come once they have a chance to analyse the cores - and can gives us some better idea of poro and perm details + obviously the updates on net pay. But that information isn't going to come in the next few weeks before the rights issue closes out. Given scott mentioned a "fixation" by investors on light oil and condensate, confirmation of condensate may help the share price but I imagine it would only be a confirmation of light oil that would have any tangible share price impact. Even then, just saying "we might have some amount of light oil" doesn't feel like it would excite the market too much - given everyone already kind of expects it.
 
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