Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

1.25%

7.9¢ invictus energy ltd

we do NOT “know” there are massive gas reserves. c’mon, let’s be...

First 21079 Last

Share
Profile

Follow
Frank7717

577 Posts.

174

02/06/24

12:31

Post #: 74124150
Share

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.

Expand

we do NOT “know” there are massive gas reserves. c’mon, let’s be real. two wells with minimal pay zone, no flow test. that isnt even close to proving anything massive or elephant.

IVZ Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
11 Upvote

1 Great analysis

Reply

Top Stories

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

EBR

EBR reaches review milestone for wireless cardiac pacing device

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

There are more pages in this discussion • 1,605 more messages in this thread...

First 21079 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 7.9¢		Change -0.001(1.25%)		Mkt cap ! $113.8M

Open	High	Low	Value	Volume
7.8¢	7.9¢	7.7¢	$159.4K	2.060M

Buyers (Bids)

No.	Vol.	Price($)
2	180183	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	4493	1

View Market Depth

No.	Vol.	Price($)
2	180183	0.077
4	435888	0.076
6	583399	0.075
2	300000	0.074
1	140845	0.073

Price($)	Vol.	No.
0.079	4493	1
0.080	30000	2
0.081	520013	2
0.082	525917	3
0.084	25211	2

Last trade - 15.26pm 29/08/2024 (20 minute delay)

IVZ (ASX) Chart