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1.47%

6.9¢ invictus energy ltd

and the pad is built already

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chocbloc

5,757 Posts.

809

27/02/24

15:51

Post #: 72623444
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Originally posted by Davy Boy: ↑

Do we need more gas or would an oil discovery be better?
Only reason I pick on Boabab 1 is our financial position. A 1200m well would take 3 weeks tops and cost sub 15 million imo.
The other thing to consider is time.
The reality is they need to drill the well outside SG this year as I don't know if starting the well before end of June meets the requirement of the lease??
To me it would seem that deepening MK2 is the priority followed by BB 1 then 3D.
Last thing we want or need is to get in to any position with the Gov that requires extensions because we haven't concluded the work programme.
Whilst I do not believe they would do anything stupid without reason IF we gave them a reason who knows??
I don't trust the gov to do the right thing regardless.....I don't really trust any gov to be fair.

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and the pad is built already

IVZ Price at posting: 9.8¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.9¢		Change 0.001(1.47%)		Mkt cap ! $97.83M

Open	High	Low	Value	Volume
6.8¢	6.9¢	6.8¢	$10.22K	149.1K

Buyers (Bids)

No.	Vol.	Price($)
1	119125	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	89329	5

View Market Depth

No.	Vol.	Price($)
1	119125	0.069
5	768493	0.068
7	440342	0.067
8	347109	0.066
6	264237	0.065

Price($)	Vol.	No.
0.070	89329	5
0.071	14676	1
0.072	201542	3
0.073	100000	1
0.074	305018	2

Last trade - 10.42am 27/05/2024 (20 minute delay)


Last 6.9¢			Change 0.001 ( 1.47 %)
Open	High		Low	Volume
6.8¢	6.9¢		6.8¢	272577
Last updated 11.07am 27/05/2024 ?

IVZ (ASX) Chart