IVZ 1.43% 6.9¢ invictus energy ltd

Yes Ozblue, that is what attracted me to IVZ. It could be...

  1. 1,873 Posts.
    lightbulb Created with Sketch. 371
    Yes Ozblue, that is what attracted me to IVZ. It could be stupidly huge.
    I have followed IVZ for several years but didn't buy any shears until they started drilling.
    When they started is was a complete long short. But against all odds they finally started drilling M l.
    Big basin, huge depth.
    Then two extraordinary things happened , they drilled through a thick seal and found hydrocarbons.
    I sold all my other shares and put it al in IVZ options. Best leverage.
    A long murky road, continuous hydrocarbons and alternating shale and reservoirs until they stop at TD.
    The difference between a failure and a success is not subtle. A success is marked by continuous good news. Not trivial nonsense like tools that don't work or break, wrong mud weights or drilling your first well on to steep an incline etc. these things just create buying opportunities.
    For IVZ so far re the things that matter the news has been continuously good. So far.
    So here we are, lost it all after the side track failed had to wait for the new and better options to come out and do it all again.

    So far as far as the potential resources within Anwar and Lower Anwar are looking better in M2 than M l.

    We need two more doses of good news. The estimate of the size of the resource and the flow rates to make it commercial.

    No dreaming necessary. It is there and could be huge or not so huge but not nothing. Maybe it flows really fast, maybe not so fast but it is a conventional reservoir so it will flow or be pumped.

    I'm hoping for the good news to continue, and waiting patiently.

    Saltbus
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
-0.001(1.43%)
Mkt cap ! $97.83M
Open High Low Value Volume
6.9¢ 7.0¢ 6.8¢ $166.9K 2.415M

Buyers (Bids)

No. Vol. Price($)
2 48840 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 50000 1
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
7.0¢
  Change
-0.001 ( 2.49 %)
Open High Low Volume
7.0¢ 7.0¢ 6.8¢ 1066600
Last updated 15.59pm 06/05/2024 ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.