Ann: Strong Gas Shows in Multiple Upper & Lower Angwa Reservoirs, page-747

First 747 Last

Share
Profile

Follow
Grfe4

672 Posts.

317

30/10/23

01:31

Post #: 70603774
Share

Originally posted by luciano: ↑

Also I didn't follow al the posts tread about taking 18 samples and time required but.....
Is it not 1 sample enough to declare a discovery?
And, aren't they supposed to take possibly 2 set of samples (6 each or 9 each or whatever) from at least 2 pay zones?

I still think/hope we will get a fantastic positive surprise from zones below Lower Angwa (Mkango)
I read all fear factor posts (quite understandable) after MK-1 experience, which in my opinion are misplaced for various reasons.
Including that been on the Horst by drilling the Mkango we would be at the same dept of MK-1 side-track, hence kind of knowing what to expect on temp, pressure etc. That MK-2 is much a straight drill trajectory. That the whole well and testing will take roughly half of the time MK-1 lasted.
That because of availability of tools etc. MK-2 as far as I know has not been left open to deteriorate, at all...

But in the end it will be down to the company to decide on operations, with the 2 new Directors on board and after MK-1 experience I am comfortable either way, if they will extend and sample or or not.
Is just the the greedy me is wondering what strong support it will give to the sp, if MK-2 was able to open new horizons in the basin, which where previously not taken in consideration.

Expand

Luciano, I have only tried to estimate the total anticipated MDT pump-out time, whether they make 6 pump-out operations, 9 or 12.

Regarding the Permian, aren't those sands expected to be low calibre, containing a high level of mica clay? In addition, they have been classified as tertiary targets in terms of priority. Cheers!

IVZ Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

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

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

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

SS1

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

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

There are more pages in this discussion • 48 more messages in this thread...

First 747 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.2¢		Change -0.003(4.62%)		Mkt cap ! $87.91M

Open	High	Low	Value	Volume
6.7¢	6.7¢	6.1¢	$269.7K	4.305M

Buyers (Bids)

No.	Vol.	Price($)
1	5998	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	11689	2

View Market Depth

No.	Vol.	Price($)
1	5998	0.062
6	300263	0.061
16	1970075	0.060
5	813558	0.059
2	38188	0.058

Price($)	Vol.	No.
0.063	11689	2
0.065	284129	3
0.066	165000	2
0.067	180926	3
0.068	494634	1

Last trade - 16.10pm 25/06/2024 (20 minute delay)

IVZ (ASX) Chart

Ann: Strong Gas Shows in Multiple Upper & Lower Angwa Reservoirs, page-747

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

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

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

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

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

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Strong Gas Shows in Multiple Upper & Lower Angwa Reservoirs, page-747

Top Stories

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

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

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

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

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

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News