IVZ 2.94% 7.0¢ invictus energy ltd

Ann: Mukuyu-1 Sidetrack - Multiple Zones of Interest, page-198

  1. 636 Posts.
    lightbulb Created with Sketch. 77
    On another note beside Baobab or Mukuyu-2 appraisal
    I am how the market are missing out on valuation perception for IVZ sp according to news flow..
    Surely, given the potential of how big or bigger is the oil/gas find down there in the basin, a declaration of oil discovery is adding much more value to the sp, than flow rate info ?!
    I doubt IVZ would be using a software like Geolog Software
    https://www.researchgate.net/publication/326646007_DETERMINATION_OF_MOVABLE_HYDROCARBON_BY_GEOLOG
    But this goes to show that potentially with the right information on hand, is possible to estimate how much oil/gas is down there.
    I understand we are talking about movable hydrocarbons and not flow rate, but flow rate in essence is just how much will cost to exploit the oil/gas found down there, where oil discovery and how much is really how much is the value of the shares we hold.
    Indeed the two info are related to the point that flow rate is a coefficient of movable hydrocarbons...
    My point is that imo an oil find announcement is worth much more than a flow rate data.

 
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