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IVZ - General Discussion, page-1371

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Roch2077

10,189 Posts.

1986

11/01/24

14:45

Post #: 71833524
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Originally posted by Davy Boy: ↑

So what I said first up is broadly right.
They don't know for sure what the porosity is yet.
WI sale = farm down.
When someone farms in they buy WI% or they buy shares in the holding company.
Once we have a JV partner selling any extra after that becomes problematic as there will be pre emptive rights for the JV partners.
Not sure how you draw any conclusion on Mukuy being commercial?
That's what flow tests are for.
IVZ could have announced 300m net pay but if it doesn't flow then it means 3/5 of sfa.
I find it comical to be honest posters here claiming what the flow rates will be given there is probably another ~ 700m of drilling in to the unknown yet they TD still in gas.
IF they only have logs to 3500m then its likely 1000m.
Could be 5m net pay could be 500 .......who knows?
I don't think bitcoin investors are exploratory oil and gas investors on the whole.

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Which tells you just like every open basin discovery the net pay goes up by multiples come commercial flow which is now de risked

Funny the soaking still end up multiple over coming 1-3 months. News flow starts to drop in next 1-2 weeks

IVZ Price at posting: 11.3¢ Sentiment: Buy Disclosure: Held
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