IVZ 0.00% 8.0¢ invictus energy ltd

Ann: Mukuyu-2 Drilling Update, page-153

  1. 727 Posts.
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    Agreed, size of the prize does need to be considered. Unfortunately prior to flow testing and resource updates we are running a little blind.

    If you are talking about our valuation after fully proving up the resource in 2-3 years that’s starting to get real rubbery.

    I’m a little sceptical about the $/%WI numbers IVZ and PAC are using. We are still a way off getting into the same category as some of the projects being quoted.
 
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