Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

1.39%

7.1¢ invictus energy ltd

You really are clutching at straws....poor fella..

First 6169 Last

Share
Profile

Follow
srood

2,701 Posts.

914

16/03/24

00:20

Post #: 72916344
Share

Originally posted by Cosmoterios: ↑

The programs they are looking at pursuing, is going to cost a lot more than $16.5M (the current raise).

The upcoming working program includes a well test at Mukuyu-2, preparation for 3D seismic over the Mukuyu gas field and preparing long lead items for anew high impact exploration well, the location of which will be determined following full interpretation of the acquired CB23 infill seismic survey program.

These tests are going to cost Big Bucks - at least USD $50M - especially if they pursue another Exploration well.

Currently, there is NOT enough $$$$$$ to complete these programs.

Either they raise again from SI and Institutions or a JV partner buys in.

Looks like there is still a long way to go, before any commercialization (if at all).

Expand

You really are clutching at straws....poor fella..

IVZ Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
14 Upvote

3 Great analysis

Reply

There are more pages in this discussion • 308 more messages in this thread...

First 6169 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 7.1¢		Change -0.001(1.39%)		Mkt cap ! $100.6M

Open	High	Low	Value	Volume
7.2¢	7.3¢	7.1¢	$153.1K	2.127M

Buyers (Bids)

No.	Vol.	Price($)
12	708265	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	614236	4

View Market Depth

No.	Vol.	Price($)
12	708265	0.071
15	1517262	0.070
2	75003	0.069
5	167001	0.068
3	358237	0.067

Price($)	Vol.	No.
0.073	614236	4
0.074	600000	4
0.075	50000	1
0.076	500000	1
0.077	652000	3

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last 7.1¢			Change -0.001 ( 1.25 %)
Open	High		Low	Volume
7.3¢	7.3¢		7.1¢	1484590
Last updated 15.59pm 30/04/2024 ?

IVZ (ASX) Chart