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6.2¢ invictus energy ltd

Ann: Invictus Spuds Maiden Oil & Gas Well in Zimbabwe, page-112

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bagholder62

785 Posts.

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27/09/22

14:31

Post #: 63901537
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Originally posted by Davy Boy: ↑

I don't agree and the ASX rules state a material discovery.
Oil or gas shows in cuttings or mud are not that Imo.
It's the reason SM is going to need to be super careful. You have a gov who announced a discovery in 2018 imagine what would happen if they announce oil shows and its not commercial!
Ivz will need to announce with absolute clarity, not something they have managed in the past tbh, whether its commercial or a duster imo.

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Can disagree but I've never held shares in O/G who haven't announced at the smallest shows. They all do it and id expect the same from IVZ. Even encountering the presence warrants an announcement.
We will see anyway.

Originally posted by TK4: ↑

"They will obviously announce if they encounter anything." Thats not what Scott said in the interview...obviously.

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Stop blindly listening to Scott.

IVZ Price at posting: 18.8¢ Sentiment: Buy Disclosure: Held
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