IVZ 1.47% 6.9¢ invictus energy ltd

Ann: Preliminary Wireline results shows Multiple Potential Zones, page-139

  1. 404 Posts.
    lightbulb Created with Sketch. 20
    SkyRain,
    The key objective of the well is to get a "discovery". This delay increases the risk that we don't get that:
    1. Financial risk - the cost of the drill rig and other staff, which has been mitigated by the decision to drill ahead
    2. Well hole integrity - the hole may degrade over time, drill mud may permeate into the porous rock, or they may strike water drilling ahead.
    3. Drill rig - the drill rig may suffer equipment failure of some sort, or the drill may get stuck.

    As shareholders, we need to get the IVZ announcement that meets ASX's conditions for a discovery.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.001(1.47%)
Mkt cap ! $96.41M
Open High Low Value Volume
6.9¢ 6.9¢ 6.8¢ $31.90K 466.1K

Buyers (Bids)

No. Vol. Price($)
1 100000 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 201224 4
View Market Depth
Last trade - 10.38am 15/07/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.