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6.5¢ invictus energy ltd

IVZ Share Price, page-20985

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jakspara

9,901 Posts.

3296

31/05/24

11:00

Post #: 74099439
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Originally posted by KernelSanders: ↑

What we know - positives

1. Massive Gas reserves - FACT
2. Strong Executive team with African experience - FACT
3. Massive need for their product - FACT
4. Highly likely big reserve of light oil - Probable, not yet concrete fact
5. CEO is trying his best to deliver - FACT
6. Overpressure zone exists in Lower Angwa
7. Government has been spruiking the discovery (showing they are excited)

What we know - negatives:
1. Challenging country to ethically deal with
2. Funding uncertain
3. Regulatory environment uncertain
4. Flow rate untested (likely to be fine due to overpressure - but objective quality evidence is required)

The basin has $Billions in NPV. That's not the issue. It's can IVZ successfully extract it in Zimbabwe.

If this was in Australia, it would be a completely different story. The market cap would currently be $500M and funding wouldn't be a challenge. Fact is, it's in Zimbabwe.

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“If this was in Australia, it would be a completely different story. ~~The market cap would currently be $500M and funding wouldn’t be a challenge~~ . The Greens would’ve “Shut The Gate” long before the maiden drill. Fact is, it's in Zimbabwe.”

IVZ Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
16 Upvote

1 Great analysis

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(20min delay)
Last 6.5¢		Change 0.001(1.56%)		Mkt cap ! $101.6M

Open	High	Low	Value	Volume
6.4¢	6.7¢	6.4¢	$54.93K	839.3K

Buyers (Bids)

No.	Vol.	Price($)
1	72200	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	25276	1

View Market Depth

No.	Vol.	Price($)
1	148544	0.065
7	398459	0.064
4	316429	0.063
5	694487	0.062
5	808099	0.061

Price($)	Vol.	No.
0.066	25276	1
0.067	262512	2
0.068	118873	4
0.069	316700	3
0.070	420000	3

Last trade - 12.06pm 08/11/2024 (20 minute delay)

IVZ (ASX) Chart