In my opinion, based on the 230 mboe estimate by wood Mackenzie, and using a very conservative spot price, profit margin % and Aussie/us dollar rate, the minimum val for ivz should be around 375 million which is almost 3 times what it is currently. And this is just based on 1 well and not even considering the entire acreage which is enormous. The flow test will ultimately be the key as to whether commercially viable rates can be achieved.
Ann: Invictus Energy Corporate & Operational Update, page-257
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Last
6.5¢ |
Change
-0.001(1.52%) |
Mkt cap ! $92.16M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.7¢ | 6.4¢ | $142.6K | 2.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4115 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 65728 | 3 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
Change
-0.001 ( 4.48 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 6.6¢ | 6.4¢ | 1208888 | ||
| Last updated 15.48pm 30/05/2024 ? | |||||
| IVZ (ASX) Chart |