IVZ 0.00% 7.7¢ invictus energy ltd

I don't believe a rig warm stacked would be anywhere near 1...

  1. 16,582 Posts.
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    I don't believe a rig warm stacked would be anywhere near 1 million a month.
    Not sure where you got that figure from.
    Its also the case that the sp tanked on discovery, exact opposite of what usually happens, I do blame the low net pay and lack of detail around the discovery. Once the sp tanked they had to change tact. I actually think getting Mutapa on board this quick is extroadinary.
    Imagine asking Au gov for funds.....it would take a year just to apply.
    But anyways we can differ on our view.
    I'm all about outcomes now though....no more excuses.
    We need a flow test announcement, THIS YEAR, we need PPSA done YESTERDAY, we need a farm in tomorrow and a sp mid 20's.
    Then we need an upgrade to the net pay then a prospective resource for out East and a well drilled there ASAP.
 
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