IVZ 5.19% 7.3¢ invictus energy ltd

Shelf edge and the black gold is the biggest sp kicker for me,...

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  1. 2,872 Posts.
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    Shelf edge and the black gold is the biggest sp kicker for me, it will take while to provide infrastructure to move the oil, but having it proven would be a massive bonus.

    To be fair Davy, I think the wet will beat us out this Year, unless they have high ground picked out and start prepping soon for those next wells. M2 will be done, the rigs there, no logistic issues once everything else is in place.

    Another dry wet season? I wouldn’t be banking on it, being an ex farmer from Years ago, there’s one thing you can’t predict to a certain degree and that’s the weather, so after November it’s a crap shoot.

    Price dependant, there’s a lot of upside to sell to shareholders in a Jv situation.
    Last edited by Greenocean: 24/08/24
 
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