IVZ 4.05% 7.7¢ invictus energy ltd

once proven up, by flow testing next year.. the MoU allows IVZ...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,491 Posts.
    lightbulb Created with Sketch. 8962
    once proven up, by flow testing next year.. the MoU allows IVZ to be several steps down the commercialisation step than without a partner / MOU.

    if you are confident the gas is down there, then this plant will be built and it’s only a matter of when and how big.

    In short, yes MOU are not binding, but you would rather have an MOU than not, and definitely speeds up the process once the resource is sufficiently proven.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
7.7¢
Change
0.003(4.05%)
Mkt cap ! $116.7M
Open High Low Value Volume
7.6¢ 7.7¢ 7.5¢ $36.27K 480.4K

Buyers (Bids)

No. Vol. Price($)
2 113950 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 123586 3
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.