IVZ 0.00% 7.7¢ invictus energy ltd

Ann: Multiple TCF Prospectivity Identified - Eastern Cabora Bassa, page-12

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  1. 8,708 Posts.
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    Fantastic news. Huge new resource. This would underpin the current market cap on its own, given it has already been de-risked by Mukuyu results.
    I see this as a prelude to farming out Mukuyu. i.e. farmout the more expensive/technically difficult (but also more derisked) to a major, then focus attention on the low hanging fruit to the east.
    Have a feeling things are going to move rather quick (by IVZ standards) in the coming months.
 
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