A question if I may. I'm kinda keen on IVZ but I have one issue.
Why no 3D?
Why are IVZ expecting a decent farm in deal without 3D?
My concern is any partner will want a very big% or will want to do 3D after the farm in which can take some time.
The main issue I see is, given this is wildcat drilling, why would they not use the best available technology rather than rely on 2D?
I would have thought IVZ would have been better doing 3D itself, I know it costs, and use that to keep a larger working interest as the risk is lessened with higher degree of certainty allowing then to keep a bigger % of WI.
Just my take comments welcome. DB
A question if I may. I'm kinda keen on IVZ but I have one...
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Last
6.0¢ |
Change
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Mkt cap ! $85.07M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.3¢ | 5.9¢ | $187.6K | 3.090M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 163433 | 6.0¢ |
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| Price($) | Vol. | No. |
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| Last trade - 11.45am 05/06/2024 (20 minute delay) ? |
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Last
6.0¢ |
Change
-0.003 ( 3.23 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.2¢ | 5.9¢ | 1758293 | ||
| Last updated 12.21pm 05/06/2024 ? | |||||
| IVZ (ASX) Chart |