IVZ 0.00% 7.0¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-842

  1. 343 Posts.
    lightbulb Created with Sketch. 70
    "The hole was challenging from the beginning"

    I agree with a lot of what you said, but not sure on that. I may be wrong but I distinctly remember Scott saying MK2 was a much easier drill than MK1 at early on - and then saying that the tool failures were 'minor' but a few days later blaming a hole so challenging it was consistently breaking them to a point samples were not possible seems a bit inconsistent at best.

    Not to mention pressing on into higher pressure with a higher mud weight, which apparently caused the challenging hole conditions, when high mud weight was apparently a big factor in not gaining a sample at MK1. I'm sure there are reasonable explanations - but they need to be made, and demonstrated to be learned from to maintain the trust of shareholders, IMHO.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.000(0.00%)
Mkt cap ! $99.25M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 37842 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 354854 3
View Market Depth
Last trade - 08.06am 16/07/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.