IVZ 0.00% 7.0¢ invictus energy ltd

Ann: Quarterly Activities Report, page-20

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  1. 10,189 Posts.
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    Exercise price is 46 cents and gives us 3 million in cash

    Also this is a multi billion dollar discovery in the bag. As the days go past this will still end up through all time highs and still north of $2.40 which is a 2-3 billion dollar valuation just like its peers. A reminder this well is likely to be increased from a 1.3TCF to a 4-5TCF resource on commercial flow in next 2-3 months going higher either way and this pull back for CR and not fundamentals will rise twice as fast .

    EN1 sold 25 percent of their African basin for 4.2 billion dollars after their appraisal of a 4 TCF resource plus 3D. It’s coming and now cashed up to finish and get the farm in and keep going
    Last edited by Roch2077: 31/01/24
 
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