IVZ
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2.82% 7.3¢ invictus energy ltd

Its a little hard to say what is good, bad or ugly without...

  1. Davy Boy
    16,491 Posts.
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    28/04/24
    11:51
    Post #: 73542700
    Its a little hard to say what is good, bad or ugly without looking, or reporting, what the dough has been spent on.
    For example the 7 inch casing for Mk 2 deepening and flow testing was mobilised whilst drilling MK2.
    What else have they paid for in long lead terms?
    Its one area where I believe the company need to lift their game on, disclosure of the budget for wells ect.


    IVZ Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.002(2.82%) 		Mkt cap ! $110.7M
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7.3¢ 865999 5
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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