IVZ 2.56% 8.0¢ invictus energy ltd

Are dusters any better in a farm in scenario better than a farm...

  1. 16,375 Posts.
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    Are dusters any better in a farm in scenario better than a farm down?
    IMO no, from a shareholder perspective IMO.
    Its going to be interesting next month or so.
    Government share is irrelevant atm.
    The government only get anything if a commercial discovery is made.
    IF and its a very big IF IVZ get anywhere near the 20TCF and 845 mmbls......those numbers you said were dreaming about not too long ago, I think a 2 billion MC is not impossible considering they have tested the porosity and permeability of the rocks at surface to be excellent.
    Lots and lots of water to pass under the bridge for sure but the only reason this has not been drilled is
    1. because gas was worth 3/5 of swfa when Mobil looked
    2. The Mugabe government.
    No matter how you slice it IVZ is worth a punt IMO. How big that punt is depends on when u bought in and at what price.

 
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