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1.25% 8.1¢ invictus energy ltd

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  1. Davy Boy
    16,385 Posts.
    lightbulb Created with Sketch. 3860
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    02/10/20
    15:33
    Post #: 47814224
    Wild cat drilling comes with massive risk.
    I'm not sure if the company have put out any COS [ chance of success ] figures but I would imagine they would be sub 10%.
    If you think this is guaranteed think again.
    There are some big positives here though, namely 5 layers. Each one will have a COS attributed to it but I think Scott said in an interview the outcome is binary. The hydrocarbons are either there or they aren't.
    IVZ Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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