IVZ 4.62% 6.2¢ invictus energy ltd

Ann: Strong Gas Shows in Multiple Upper & Lower Angwa Reservoirs, page-48

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    lightbulb Created with Sketch. 3784
    Out of the detail in that release my eyes were drawn to a couple of sentences.

    • Liner mobilised in preparation to complete the Mukuyu-2 well for a future flow test

    A 7-inch liner has been mobilised which will allow for the Mukuyu-2 well to be completed in
    preparation for a future well test following the completion of operations.

    That is an admission by the company that they are expecting to announce a discovery.
    You wouldn't be doing this if you didn't think it would flow either.

    Its a claytons discovery announcement....conveniently just before the AGM vote.

    If the sp doesn't get to 20c on that announcement it may never get there this time round.
 
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