IVZ 1.61% 6.3¢ invictus energy ltd

Hi All, For those interested, just Posting my review on the last...

  1. 329 Posts.
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    Hi All,

    For those interested, just Posting my review on the last Mukuyu-2 release ASX 20/10/23. IMO, so far drilling results from the Upper Angwa are very encouraging and coming in as expected based on our Mukuyu-1/ST1 analogue.

    A disappointment with the Pebbly Arkose - but a comment from SM in the ASX 31/8/23 release (Slide 9) did put up a red flag on its potential at Mukuyu-2. I was very surprised with his comment in the final paragraph (in my C&P) compared to what he said in the first paragraph. From my background, I can see a possible silver lining wrt the rest of the Upper Angwa's potential if indeed the RockPhysics work had indicated that at Mukuyu-2 the Pebbly Arkose had a high risk for hydrocarbon charge - hence his final paragraph comment - in that, IVZ would definitely not be drilling at the Mukuyu-2 location unless the RockPhysics was showing a very low risk of hydrocarbon charge in the Upper Angwa!

    GLTAH
    Cheers
    VOGC

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