IVZ 3.03% 6.8¢ invictus energy ltd

Yes I have the same feeling that this time it will a trouble...

  1. 636 Posts.
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    Yes I have the same feeling that this time it will a trouble free sampling.
    If I think of all the issues we had with MK-1 compared to MK-2, it has to be a successful sampling this time.
    The well is almost straight and they seem to be well in control of the mud.

    If a sample will actually be obtained, unfortunately I am not a resident expert and have to go along with the
    clue that some experts gives on this board.
    Naively I am just thinking that, if the company thought that the Angwas was not worth sampling, same like they did in the first section of the drill, where they found only residual hydrocarbons, then they would have drilled ahead and extended the drill to say...4000m, and then try to sample the whole lent of the Angwas and below.
    Can't see happening a sampling news release in two stage to build up expectations, and in any case it won't build up much because the market will react at first hint that is an oil discovery.
    The expectation will come if in the release they will extend the drill lower.



 
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