Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

4.62%

6.2¢ invictus energy ltd

what are your thoughts on where 12mill went in q2

First 98 Last

Share
Profile

Follow
Gharp

4,027 Posts.

669

09/09/23

15:23

Post #: 69796481
Share

Originally posted by Davy Boy: ↑

Possibly or its been worded that way to take the sting out of it.
Its such a random date....its a Saturday??

Expand

Seems okay to use the 16th as it's 5 full business days then

Originally posted by Davy Boy: ↑

I'd be surprised if the seismic cost 5 million. It was half the size of the first lot. 839 sq km - 425 sq km.
All the Polaris trucks were in Harare so I'd expect second 2D to be less than half the first 2D BUT I have no clue what first 2D cost but I doubt it was 10 million.
I'd say this 2D 3 million tops + interpretation.
I personally believe the well should/could be drilled sub 20 million.
105 days to drill Mk1 + St @ $180k per day quoted by Butch = ~ 19 million on its own.
55 day well @ $180k per day ~ $ 9.9 million.
By the way $180k per day is absolutely over the top for a land based drill rig and I suspect most of that 180K per day can be attributed to Bakered screwing the pooch.
https://www.plantengineering.com/articles/onshore-rig-global-day-rate-data-and-insights/

Expand

what are your thoughts on where 12mill went in q2

IVZ Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Time for retail therapy buying in the shopping Scentre for hot stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

There are more pages in this discussion • 88 more messages in this thread...

First 98 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.2¢		Change -0.003(4.62%)		Mkt cap ! $90.74M

Open	High	Low	Value	Volume
6.7¢	6.7¢	6.1¢	$123.1K	1.947M

Buyers (Bids)

No.	Vol.	Price($)
2	74039	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	30001	2

View Market Depth

No.	Vol.	Price($)
2	140087	0.062
6	323870	0.061
13	1920055	0.060
3	870000	0.059
2	38188	0.058

Price($)	Vol.	No.
0.063	30001	2
0.064	29769	1
0.065	279129	2
0.066	100000	2
0.067	180926	3

Last trade - 12.58pm 25/06/2024 (20 minute delay)

IVZ (ASX) Chart