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1.14%

8.7¢ invictus energy ltd

Absolutely, at this risk of sounding like every cliche in the...

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Auser

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29/03/22

19:06

Post #: 60500709
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Originally posted by StnningBlckbrry: ↑

I agree with your upside vs downside sentiment but I disagree with the risk of losing it all. If both are dusters it will definitely fk the SP in a bad way - but they'll drill again if they think they got the locations wrong. And even if it's determined that the seals were fractured and there's nothing at either target, the Msasa prospect has a prospective estimate of 1tcf gas and 44m condensate. And now that we have the whole basin, we can look elsewhere for other targets.

Don't get me wrong, I'll reiterate that I agree the SP will take a huge hit, I just dont think it would go to zero. Look at 88e which has been searching for (and having dusters) for years

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Absolutely, at this risk of sounding like every cliche in the book, if we end up with dusters and the share price has already melted (don't do stop losses, to many panic sellers and idiots around)

This one would firmly go in the bottom drawer and rise again. Mobil spent a fortune exploring this land, and concluded it was gas prone.

Again our licence area is the size of a small country...

IVZ Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.7¢		Change -0.001(1.14%)		Mkt cap ! $123.3M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.4¢	$496.7K	5.718M

Buyers (Bids)

No.	Vol.	Price($)
2	10998	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.9¢	400000	1

View Market Depth

No.	Vol.	Price($)
2	10998	0.087
1	100000	0.086
1	14457	0.085
8	364119	0.084
4	383830	0.083

Price($)	Vol.	No.
0.089	400000	1
0.090	250000	1
0.091	315000	2
0.092	325000	2
0.093	360000	5

Last trade - 16.10pm 30/07/2024 (20 minute delay)

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