IVZ 4.76% 6.0¢ invictus energy ltd

Ann: Mukuyu-2 Drilling Update, page-359

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  1. 1,337 Posts.
    lightbulb Created with Sketch. 654
    The probability calculator now says 94% chance of success at M2
    P (Upper Angwa success) = 85%, P (Lower Angwa success) = 60%, P (overall success ie. Upper or Lower or Both) = 94%
    Interestingly it is 51% if BOTH Upper Angwa and Lower Angwa come good based on the above odds.
    The above is an illustrative mathematical example only.
 
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