IVZ 0.00% 7.7¢ invictus energy ltd

Ann: Multiple TCF Prospectivity Identified - Eastern Cabora Bassa, page-91

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    Well the Dande was always published at around that number at Mukuyu but that target turned out to be dry. The Angwa structures in Mukuyu are where gas was found so if the structures out east were better that's where most likely gas would be found ?

    So the most likely probability is that the Dande there will also be dry and they've even given you a probability of 38% of it containing gas (with also some strange DHI boost number boosting this probability number). I certainty wouldn't be betting on an East target that already was dry at Mukuyu without a backup Angwa target.
    Last edited by Gharp: 03/09/24
 
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