IVZ 4.62% 6.2¢ invictus energy ltd

Roch, please do not keep misquoting the volume estimates I made....

  1. 672 Posts.
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    Roch, please do not keep misquoting the volume estimates I made. 55 Tscf was an approx High estimate for Prospective Resources, therefore I would prefer to refer to an approx Mean estimate of 35 Tscf for Mukuyu alone. My estimate based on 35 Tscf was about $A 7.50-8.50 per share. The value should increase to about $A 11.5-$A12.5 if the In Place Prospective volume is around 55 Tscf, however, that would necessitate drilling to 4200m MD and beyond.
 
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