IVZ 2.56% 8.0¢ invictus energy ltd

Ann: Mukuyu Gas Discovery, page-449

  1. 6,224 Posts.
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    The inevitable sustained rise in share price will only happen ( despite good news) when the horde of pip flippers are progressively replaced by serious deep-pocket accumulators ( big funds, industry players) who dont flip because they can see beyond the nose on their face when a value opportunity arises. Meantime with the loose hands in abundance presently its going to be slow trek northward, like 2 steps forward, one step back, repeat, repeat but those that hang on with patience will be well rewarded. SMs video presentation and the Q&A session at the end were worth gold in terms of putting things into perspective. Oh, and by the way, SM inferred the 13m net pay announced will likely be greater once they have done their calibrations, analyzed core, etc thereby enabling a more accurate evaluation of the payable zone. I wonder how many loose hands sold just because they thought that 13m net pay interval was the final number.
 
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