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1.41%

7.0¢ invictus energy ltd

Why would anyone here believe a word you say? You’ve displayed...

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jakspara

9,478 Posts.

2924

16/04/24

21:25

Post #: 73376003
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Originally posted by Grfe4: ↑

@Bilbo_Swaggins: "upcoming CR at 5 cents only"

Are investors seriously going to pay 5c a share given all the risk if your estimate of the SP following a successful well test is only 8c? In my opinion, a CR at 3.3c would be more enticing.

Some people are saying the gas in place is only 1.3 Tscf across the whole field (180 Km2), but according to VOGC the 1.3 Tscf was for the northern fault block only, which represents about 26% of the whole field.

If there is only 1.3 Tscf across the whole field, in my opinion, the SP might only reach 4c following a successful well test. Therefore, a CR would need to be made at 1.4c - 1.6c, but that would cause far too much dilution (probably unviable).

I would consider a CR at 5c if I was confident that the deep drilling results were going to lead to at least 4.5 Tscf across the field.

In my opinion only.

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Why would anyone here believe a word you say? You’ve displayed this same behaviour over and over. So which one is it? 4c or the the 72c valuation you posted 2 weeks ago? Back on ignore….

IVZ Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
13 Upvote

5 Great analysis

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(20min delay)
Last 7.0¢		Change -0.001(1.41%)		Mkt cap ! $99.25M

Open	High	Low	Value	Volume
7.1¢	7.2¢	6.9¢	$132.1K	1.881M

Buyers (Bids)

No.	Vol.	Price($)
1	20336	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	265794	3

View Market Depth

No.	Vol.	Price($)
1	20336	0.069
4	110000	0.068
3	358237	0.067
5	187600	0.066
5	175940	0.065

Price($)	Vol.	No.
0.071	265794	3
0.072	218654	3
0.075	50000	1
0.076	380000	1
0.077	150000	1

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 7.0¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
7.1¢	7.1¢		6.9¢	475453
Last updated 15.48pm 02/05/2024 ?

IVZ (ASX) Chart